That alone will boost their value. The world outside of the United States looks quite a bit different, especially economically speaking. The United States is an island of safety. We are very fortunate to have the best functioning financial markets in the world, which have greatly contributed to the current positive economic environment. But I believe that over the intermediate term, the problems abroad may have a negative impact on the U.S. economy, and especially our investment markets.
Caution is the word.
Because they are a safe haven, the only one they can find. They know that the rising U.S. dollar will bring them a much larger return. Thus, huge amounts of money will flow out of Japan to seek higher rewards. That is a very negative event. Until April 1, the Japanese could not just take money out of the country.