Japan's machinery orders fall most in 8 months in worrying sign for economy

All that and uncle Abe wants to raise taxes. He must know something we don’t.

We're entering a Cyclical downturn in the Global economy. Investment Banking, particularly Equities are bearing the brunt of this - as always. Now, the thing to watch, specifically for Japan, is how the Fixed Income market responds here. In other Markets there's traditionally an inverse relationship between the two, but not so in Japan. Perhaps the eternal Pessimist Fukimaki will have his day ?

Ah that should have been "FujiMaki" ,,, but the the abbreviation sounds appropriate.

America First, to hell with the rest. Thanks Washington.