I don’t think there is one easy answer. When you start with just an unsustainable location, it helps to see the actual mechanism of change developing. In this case it was Abenomics. You can also read the chart to see when the new trend is established.
CIO, HonTe Investments. Ran global macro at JPM. Yahoo! Finance Contributor. Ph.D. in Mathematics. Author, The Next Perfect Trade. No investment advice.
