For two months now, the world has been eyeing the BoJ closely for signs they might be set to follow the Fed and the ECB down the road to policy normalization.
Lots of notables here.
I was told Icarus would be unleashed.
Fun with the BoJ!
“This time is different.”
No, really.
It may be time to question your religion.
“I am 99.90 bid the 0.10%’s of 27.”
“OK, paying 90. For how many?”
“unlimited…”
This might seem esoteric, but to the extent you care about Albert Edwards’ thesis with regard to whether a surprise BoJ tightening and the yen appreciation it would entail could end up being the black swan everyone is looking far and wide for, this is something you should probably keep an eye on.
“…never in modern financial history has a Central Bank expanded its balance sheet through quantitative easing and then successfully shrunk it back down.”
So, could Trump end up resurrecting the deflation demon we thought we’d finally exorcised?
How about a little more fun?
Well, that didn’t disappoint.
Everyone wants to know what comes next.
What to say about Tuesday? Well, a lot actually.
What’s in a word or, in this case, four words?