Asian indexes are down across the board except for the KOSPI
that is flat. South Korea remains a favorite child of long traders. Both the
NIKK and SPASX200 each lose -0.5%. You know the drill by now; the dollar/yen
drops to 103.70 from above 104 indicating that the yen is strengthening s
[Text is Redacted: Purchase August 2014-08 to Read the Complete Chronology]
und the US. The Commander-in-Chief has no plan. America is piloted by a captain without a flight plan. The president is admitting that there is no foreign policy and he is simply winging it as he goes along. This does not instill confidence and instead will create more worry and concern especially by US Allies. The days will have to play out to see if the US will launch further air strikes in Iraq and begin air strikes on Syria.
[Text is Redacted: Purchase August 2014-08 to Read the Complete Chronology]
und the US. The Commander-in-Chief has no plan. America is piloted by a captain without a flight plan. The president is admitting that there is no foreign policy and he is simply winging it as he goes along. This does not instill confidence and instead will create more worry and concern especially by US Allies. The days will have to play out to see if the US will launch further air strikes in Iraq and begin air strikes on Syria.
The Whitehouse staff immediately realizes the ‘no strategy’
comment will be problematic for the president and tries to clarify and spin the
statement positively but the cat is already out of the bag. President Obama
does not want war but war wants the president.
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