I don't see any quick fix for Japan. Rather than having turned the corner, it appears that Japan's economy isn't going to recover any time soon.
More Quotes from Bob Lynch:
The 50-basis-point increase in May, combined with the previous moves by the Fed, and weaker economic data should encourage them to wait.Bob Lynch
I was given three to five years to live (in 1995).
Bob Lynch
The euro will go up, ... Market participants are waiting for more consistent evidence of a U.S. slowdown.
Bob Lynch
Buying euros and selling yen is a better way to trade the euro recovery story,
Bob Lynch
U.S. growth is outstripping expectations.
Bob Lynch
Intervention can be effective in the short term, but it doesn't do much to arrest the bigger issues. The market would appreciate structural reforms, such as tax reform, labor reform and pension reform.
Bob Lynch
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