Our Future On Full Display Right Now

By |2014-08-29T11:17:09-04:00August 29th, 2014|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The Bank of Japan has already been pressured by events to reduce its economic expectations for 2014. At the end of 2013 there was enough cautious optimism that Japanese officials went ahead with their dubious proposal to try to appear fiscally responsible. The tax increase was expected to create a mild contraction in GDP before the economy then accelerated mildly [...]