Cartoon of the Day: Rising Or Setting?

Cartoon of the Day: Rising Or Setting? - Abenomics cartoon 02.10.2016

 

"What happens when they move to infinity-bailout (Bank of Japan) and the market no longer trusts them?" Hedgeye CEO Keith McCullough wrote earlier today in a note to subscribers. "Japan's Prime Minister Shinzo Abe was forced to say 'I trust BOJ Governor Kuroda' overnight as neither the FX nor Nikkei does (the Yen hit new year-to-date high = Nikkei down another -2.3%)."