‘Kim’chi.
Kim Jong-Un looks like he's losing his ability to move markets.
As noted on Thursday evening, the early knee-jerk reaction to Pyongyang’s latest provocation was faded pretty much from the open in Asia and that continued throughout the overnight.
“Asian currencies are likely to be rangebound, as I don’t think tensions are going to be long lasting,” Sim Moh Siong, a currency strategist at Bank of Singapore said on Friday. “We have seen missile launches before. We have seen the nuc
Hello China My old Friend
I’ve Come to Talk with you Again
There’s a vision Slowly Creeping..
And little Kimbo is keeping
it someday just for YOU
Just wait our inscrutable Chinese competitors until EVERYONE around you is armed with an Intermediate range mini arsenal of Nuclear goodies…then whose problem will No. Korea be then?? How about closing the Straits of Malacca IF KrazyKim doesn’t get some of the oil traffic???
I’m not a pro, but I’m still (almost) astounded today that another missile was fired over Japan and a terrorist attack in the London tube…..and somehow the VIX is creeping down, down, down. Heisenberg, what are you going to do with all of that geopolitcal-risk knowledge that you possess now that the markets seemingly don’t care a whit?!?!??