And Now For Something Completely Different

By |2018-05-16T12:02:10-04:00May 16th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Back in February, Japan’s Cabinet Office reported that Real GDP in Japan had grown in Q4 2017 for the eighth consecutive quarter. It was the longest streak of non-negative GDP since the 1980’s. Predictably, this was hailed as some significant achievement, a true masterstroke of courage and perseverance. It was taken as a sign that Abenomics and QQE was finally [...]