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January 02, 2013 at 11:20 AM EST
The Age of "Screw-tiny"
MINYANVILLE ORIGINAL Since 2007 I have offered a year-end perspective on what I see ahead for the markets. Given that every year since has brought with it a further redefinition of the word "unprecedented " I am not sure there is any real value to market prognostications.  As we have just witnessed in Japan given the choice when pressed into action policymakers will always choose to boost nominal asset prices. Still many of the social mood-driven themes which I have written about over the years continue to gain traction (see Years of Magical Thinking: Our World After the Banking ...
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