The President wishes you a happy Wednesday.
News that Donald Trump is prepared to meet Kim Jong-Un for what will undoubtedly be one of the most hilarious photo ops in political history was enough to help Asian shares close the week on a high note.
CHUNG SAYS TRUMP, NORTH KOREA’S KIM WILL MEET BY MAY
So in other words, Kim will tell you he’s destroyed his nukes (just like Bashar al-Assad will swear he has no chemical weapons) if everyone acquiesces to letting a repressive regime that starves its own people and murders dissenters remain in power.
Ok, so there’s good news on Wednesday morning and there’s also some not-so-good news.
So you tell me: “healthy correction” or “global rout”?
The screens are red. Might need to reboot.
Ok, who’s ready to grab the new week by the…
Well on Wednesday, things got worse – and materially so.
“Today’s turmoil in the region’s tech stocks was sparked by the sell-off in their peers on Wall Street last night.”
That would be the biggest exodus of overseas money since August 11, in the immediate aftermath of “fire and fury.”
Ok, look: if you’re still hungover from a combination of turkey, greasy mashed potatoes, and copious amounts of not-quite-top-shelf red wine, it’s time to snap out of it because last week is melting into this week as tends to happen historically on Sundays.
“…the nagging fear that the boy who cried wolf was only telling the truth when everyone had learnt to ignore him.”
There’s always tomorrow…
Famous last words? “The long-term history with this situation is that it’s a lot of posturing and not much reality.”