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Self explanatory chart: Japanese yen falls to 37 year lows, on the back of U.S. Dollar strength and rising (short end) U.S. yields. Fed chairman fails to lift the YEN with dovish comments. MArkets are not buying the inflation fight is nearly over rhetoric. Remember, Japan is a net importer of oil. China 'slowdown' maybe stagflation lite.
Moodboard: in our odd simulacrum and hyperreal world of what was once so called centralist technocrats, who are all swinging to the hard right. With their managed conflicts in tow, when a genocide is not a 'genocide', and no new cold war. just heightened tensions between nuke armed superpowers, but as long as global trade markets remain open. what could go wrong? U.S. army bases in Europe are on high alert from Russian threats? first time in recent history? Or of similarity from the last Cold War?
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