This Week, We Saw A “Startling Transformation”

This Week, We Saw A “Startling Transformation”

On Friday, anyone long risk learned they still have one reliable central banker friend: Haruhiko Kuroda. As detailed earlier this morning, the BoJ dispelled the notion that they're contemplating an exit strategy and even if they are, Kuroda quite literally said it's not appropriate to show you what it is right now. That was good enough for most global equity benchmarks and predictably, it sent the yen lower against all its G-10 peers. But Peter Pan notwithstanding, what we got this week under
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