Japan systematically dumps US Treasuries while China hangs on.
This is the big one. It makes steel and aluminum tariffs look like a game.
First decline in its colossal balance sheet since 2012.
No flashy announcement, to avoid alarming the markets.
Even from Japan! Its export producer prices are jumping.
Second major scandal involving a steel supplier of reactor components.
Their buying binge in the US goes into the “Contrarian Indicators” category.
Do Trump and California suddenly see eye-to-eye on high-speed rail?
After 25 years of apathy.
It would be comic if the facts behind it weren’t so ugly.