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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
The Yen has dropped slightly overnight. BoJ must be hard at work, in another futile temporary attempt. Overnight chart of the action:
Contrary to popular opinion, the Yen did not reach an all-time yesterday, but it was very close, please see yesterday's post. It did reach, however, another 15-year high.
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