Next week should tell us quite a bit.
Now the really tough work begins for the Fed and the financial engineers in turning paper into growth, enough to overcome the harmful side effects of their monetary manipulations.
See you Sunday evening.
"The world needs a new generation of policymakers who don’t hobnob with billionaire speculators and who understand workers’ concerns. Unfortunately, the change will not come smoothly. Political turmoil in the West is very much about this. A heavy price has to be paid to bring about the change."
Andy Xie, SCMP 21 Sept 2018