From Justin Spittler, Editor, Casey Daily Dispatch:
On Tuesday, a huge event happened in the investing world.
But if you’re like most Americans, you probably haven’t even heard about it.
The mainstream media didn’t discuss this event much. It was too busy pointing out that the S&P 500 and Dow Jones Industrial Average have hit new all-time highs.
Meanwhile, something much bigger was happening on the other side of the world.
Today, we’ll tell you what this event was…and why it means big trouble is likely on the way for investors.
• Earlier this week, the Japanese yen plummeted…
It fell 1% over Monday and Tuesday.
This might not sound like a big deal. But it was the yen’s biggest two-day slide since November 2014.
Japanese Prime Minister Shinzo Abe triggered the plunge when he surprised the world with an announcement on Tuesday. Bloomberg Business reported:
The currency fell by more than