​”There’s No Bad Weather, There’s Only Bad Clothing” – Tyler Durden

“There’s No Bad Weather, There’s Only Bad Clothing” By Bas van Geffen, CFA, Senior Macro Strategist at Rabobank Calm finally appears to be returning. The Japanese Nikkei 225 is up some 10% on the day. That still doesn’t make whole the -12.4% loss from Monday’s session, but at least it takes some of the ‘panic’ out of the selling. Japanese data were much better than expected, and appear to vindicate the Bank of Japan’s decision to adopt a more hawkish stance last week. Additionally, the turnaround may be induced by reports of a three-way meeting between the Bank of Japan,…  — Continue at ZeroHedge News : Read More