“The prime minister plans to instruct related ministers to announce 2 trillion yen of new economic measures within the year after announcing the change in consumption tax increase at the economic and fiscal advisory council on the 25th.”
“The North’s leader, Kim Jong-un, is erratic and frightening, but why would it help matters to eliminate any confidence Mr. Kim might have in Mr. Trump’s word?”
“The room fell silent, the enormity of this unexpected crisis sinking in.”
Leader of the free world.
“As with other inventions that spread from military to civilian life—for instance penicillin, microwaves, nylon—the next logical step would be to produce sleepless workers and sleepless consumers.”
“…most likely you will get some Swiss franc support on the back of those results.”
To be sure, this looks like it will hit the euro in early trading. The single currency will likely knee-jerk lower against both the yen and the franc and you can expect to see a flight-to-safety bid in fixed income.
You can bet this is far from over and Steve Mnuchin just made things immeasurably worse.
“There will not be a book published this fall more urgent, important, or controversial than The Dangerous Case of Donald Trump, the work of 27 psychiatrists, psychologists and mental health experts to assess President Trump’s mental health.”
Paging John Kelly, paging John Kelly…
You have been warned (again) (and again) (and again).
“…but that’s because it was happening somewhere else.”
“In the scenario outlined above, in which Trump faces, at the very worst, impeachment without removal, he won’t have completely undone the norms, but he will have eroded them. His tenure will have moved the line of the conceivable.”
Ok, who’s ready to take another look behind the “fourth wall?”