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I’ll Die Unhedged, Thank You.
It really is a question of faith in the power and credibility of the monetary policy put.
The Bank of Japan's Kuroda would tell you "where there's a will, there's a way". "All we need is positive attitude and conviction", as he famously put it in 2015.
If actions speak louder than words when it comes to "conviction", Kuroda leaves little room for doubt. On Tuesday, he said the BoJ owned nearly 80% of Japanese ETFs as of September 2018. That's not "news", but it is funny. Context is important,
“Photo of widow hearing about will and laughing. Caption. Smiling, Mrs.. X? We thought so. Where there’s a will there is a way.” – A House for Mr. Biswas, V S Naipaul
Fucked. That’s what we are.
That was a great one, H.
thanks homie. completely off-the-cuff actually.