Financial Times (June 30)
“The UK’s decision to leave the EU will not have any immediate, direct negative consequences for the ratings of states and major banks across Asia Pacific,” according to Fitch Ratings who also warned that “Japan could prove the exception…given the yen’s haven status and resultant strengthening posing a risk to policymakers’ planning.”
Tags: APAC, Banks, Brexit, Consequences, EU, Fitch, Haven Risk, Japan, Negative, Ratings, Sovereigns, UK, Yen
Chicago Tribune (May 18)
“The danger of pot is commonly exaggerated.” Four years ago when Colorado legalized marijuana, there were all sorts of fears regarding negative consequences. These haven’t materialized. “Legalization has been remarkable for how unremarkable it’s been.”
Tags: Colorado, Consequences, Danger, Exaggerated, Fears, Legalization, Marijuana, Negative, Pot, Unremarkable
Financial Times (February 10)
“The Bank of Japan should not fear cutting interest rates even further.” Japan’s central bank “should not be constrained by fear that others will follow it into negative territory.”
Tags: BOJ, Central bank, Constraints, Fear, Interest rates, Negative
