Category Japan/Abenomics

Servers on a Beach

Working much harder than New Jersey Governor Chris Christie ever would   After a heavy week on the economic front, investors will turn their attention to the testimony of Fed Chair Janet Yellen in front of the House Financial Services Committee. On the economic front, we have CPI, Retail Sales and University of Michigan Sentiment. […]

VIVE LA VOLATILITÉ

In reaction to our recent Q1 Commentary, there understandably continues to be questions surrounding the confounding lack of volatility and complacency that has pervaded global markets, despite the widespread distress gripping the global geopolitical arena. Many market participants and those watching from the sidelines have been left dumbfounded watching the VIX (Volatility Index) meander around […]

A New Normal

Rapid Changes In The World It is hard to believe that Xi Jingping and Donald Trump met as recently as April 6-7. The world has changed so much in the last couple of weeks that few could recognize it from what it was the week before the Xi-Trump meeting. Instead of a warming of US […]

Doublewood: One Belt One Road (OBOR)

One Belt One Road (“OBOR”) is the designation of China’s initiative in its foreign relations. It embodies China’s vision that peace in the world is best achieved through cooperative development, economic, social and cultural. Along the various routes that had represented the historical Silk Roads on land (the Belt)and the Maritime Route by sea(the Road), […]

Hitler’s Mein Kampf Back in Japanese Schools

Hitler’s autobiography ‘Mein Kampf’ joins Imperial Rescript’s return to classrooms… Actually, a lot has happened in Japan recently with the militarists dashing madly to bring Japan back to being a “normal nation”, meaning precisely what it was before it started the invasion of China (1937) and WWII. The push is led by Prime Minister Shinzo […]

Xi-Trump Summit: According To The Script

This is what I understand to be the possible elements of a script anticipated on the Chinese side of the Xi-Trump summit. 1. Trump would kick off by asking for the sky from China. Xi and his entourage would remain silent, but flash broad congenial smiles at their host, saying without saying, “You are joking. […]

Xi-Trump Meeting

This Thursday, Xi Jingping and Donald Trump will meet for the first time.  Usually, meetings between US and Chinese heads-of-state require a long period of time to prepare.  This will probably go down in history as one that takes place under rather bizarre circumstances, but it may end up being quite significant. Bizarre Circumstances (1) […]

Q1 2017 Market Commentary: Trump, the Fed, Globalists, and Gold

This past quarter in the markets was one of the more interesting three-month periods we’ve had in a while. Not because of what took place, but rather, the lack of what took place, considering the boiling global geopolitical climate. Almost all of Q1 unfolded against a backdrop of zero volatility and confounding complacency not seen […]

Tillerson Meetings in China

Tillerson was warmly received in Beijing by Wang Yi, Yang Jiechi and Xi Jingping.  The time and place for an imminent summit meeting between Trump and Xi have yet to be confirmed and announced.  Instead, Tillerson is saying Trump would look forward to meeting Xi in China, and Xi is saying Mr Trump would be […]

Trump Is Setting Japan Up For A Jewish Treat

By acting too much like an eager beaver, Japanese Prime Minister Shinzo Abe has become a prey to Donald Trump and his team of distressed financial specialists. Trump grew up in Queens, New York and went on to become a real estate developer in New York City and New Jersey. Having gone in and out […]

Doublewood: Roadmap for US-China Relations

Attached is a draft summary of my working paper on A Roadmap For US-China Relations. Matters On Hold At the moment, given the instability in US domestic politics, I believe that China is unlikely to rush into any major initiative with the new American administration. It will spend some time observing. There will be contacts […]

Update: A Tale Of Two Speeches

Xi Jingping delivered his keynote speech at Davos today. He began with a paraphrase from the start of Charles Dickens’ novel, A Tale Of Two Cities: “This is the best of times. This is also the worst of times …” thus he began his keynote address to the annual assembly of the World Economic Forum. […]

Doublewood: Malacca Strait

Below details out the US-China confrontation in the South China Sea, highlighting the Malacca Strait and bringing into focus the real strategic stakes that are in play. This is a timely piece, as the specific issues and contentions are now shifting into the broader regional as well as global issues. At the start of 2017, […]

Doublewood: A Polycentric World

The key to looking at all the current global dynamics is to understand the nature of a polycentric reality in the world’s power configuration. Polycentrism is a little-understood phenomenon in the post-WWII world, although it was not an unusual set of circumstances in other periods of world history. Here, I will not elaborate on the historical […]

Trump’s Taiwan Call – Part 2

It is impossible to know with Trump whether some “move” of his is just a poorly controlled impulse (like his Twitter messages) or a calculated effort to create or build a negotiating position. However, we know he doesn’t care about any other countries, so it is unlikely he has the best interests of the people of […]

Doublewood: What’s Up With China? – Part 2

Economic Reform and Financial Environment There is a saying: “When Wall Street catches the flu, the world goes on a spin”. Now we should add a saying: “When China sneezes, the Federal Reserve freezes”. Turbulence And The New Normal The current state of global financial turbulence is in part a result of China’s major undertaking […]

Diaoyu Island – The Truth

This is a very good 40-minute documentary done by a well-known director in the US.  There are some disturbing graphic images of war-time atrocities perpetrated by the Japanese.  But it is important that you be adequately informed on the historical facts behind the current tensions in East Asia. http://v.qq.com/cover/s/s9vy7psmgw9eipj.html?vid=s0014st4ylg More importantly, we had better not […]

Japan’s Dolphins

The US ambassador to Japan, Caroline Kennedy, is taking up the issue of the mass killing of dolphins in Japan. http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=11189635 The manner in which such mass slaughters are carried out is unique to the Japanese pyche.  To other cultures, this would have stretched beyond the limits of their emotional tolerance for debaucherous cruelty.  But the sad historical fact […]

Doublewood: Coming Attractions

Just as the year 2013 drew to a seemingly peaceful conclusion, we have to start looking at the risks lurking in the landscape and/or quavering in the subterranean crevices. To prepare you for a potentially eventful 2014 and beyond, I would like to share with you my perspectives on some big-picture matters, so that you […]

Abe’s Shrine Visit

    Spectre of militarism. – doublewood

Liberty Blitzkrieg

The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. - Albert Camus

Hidden Forces

"It is dangerous to be right in matters on which the established authorities are wrong." - Voltaire

aceloewgold

"It is dangerous to be right in matters on which the established authorities are wrong." - Voltaire

Touch Stone Connect

News & Views (Independent Media!)