Sunday, August 11, 2013

New Week, Same Drivers | Zero Hedge

New Week, Same Drivers | Zero Hedge: "Japan's Prime Minister Abe will make a decision whether to modify or block the controversial retail sales tax, the first of two stages is to be implemented at the start of the new fiscal year.   Germany holds its national election, and although German policies are unlikely to change significantly, there is a sense that in the run-up to the election (and, perhaps partly a function of the summer holidays) many issues have been simmering, which may turn to boil afterwards."

FED tapering, Europe cyclic recovery, China stabilization, Japan cash flow.

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