Toshio Matsuda, Samurai Lecturer, Commentator & Intl Economist
|(This issue is submitted to a Washington D.C., Seattle, and Zurich think-tank as the English edition of “Straight from Shoulder”.)
"Straight from the shoulder " by Toshio Masuda-Samurai Lecturer
August 30, 2019
( Free of charge to the people I met)Samurai’s The Wake Up Call!
A Curious Tale of Political and Financial Love Triangle.
Lucky Guy Trump!
He has two powerful allies: wife and mistress, both striving to help him win the presidential election.
His wife is the FRB and his mistress is the Market. They are two sisters.
In order to ensure loyalty of his mistress Trump has been strongly hinting at a possible divorce.
Meanwhile his helpful wife arranged rate cut at the latest FOMC (7/31), while his devoted mistress provided yield inversion to justify this rate cut.
Currently both sisters compete with each other at making their man happy.
But in order to keep their loyalty and ensure their continuing help Trump had to be seen as being threatened, find an enemy - real or bogus.
His answer is the Trade War with China!
Now he cannot afford to settle this matter and reach amicable agreement with China until the day of presidential election. Only then he will be able to divorce his wife and say goodbye to his mistress.
Until then the unholy love triangle will continue.
So let’s forget it and enjoy the sunshine!
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Written by Toshio Masuda