Has The World Gone Mad (Again)?

A few select headlines from the day that made us, well, wonder…

• OBAMA’S GOAL IS FOR RUSSIA TO STEP BACK IN CRIMEA, LEW SAYS (hope and change?)
• CHINA SHOULD LOOSEN RESTRICTIONS OVER HOME PURCHASES: SEC. NEWS (but, but, but the reforms?)
• DONETSK GOVERNOR (AND BROTHER) HAD MOAT DUG OUT ON RUSSIAN BORDER (and filled with crocodiles?)
• BEIJING TO SPEND 20M YUAN TO CHANGE WEATHER TO CUT SMOG: DAILY (winning the war on weather and hence the economy)
• PUTIN SPOKESMAN SAYS UKRAINE FORCES MUST CHOOSE SIDES: BBC (hhmm, tough decision)
• FLAHERTY SAYS DECISION TO LEAVE POLITICS WAS NOT RELATED IN ANY WAY TO HIS HEALTH (just being pissed off)
• CARNEY SAYS LOW RATE ENVIRONMENT IS CONDUCIVE TO COMPLACENCY (and water is wet and we’ll keep doing it)
• IRS INFORMS EMPLOYEES OF PERSONAL INFORMATION DATA BREACH (shame really)
• UKRAINE FAILS TO SELL DEBT AT DOMESTIC AUCTION: FIN MIN. (but TSLA did – shoulda sold stock)
• BANK OF CANADA’S POLOZ SAYS HARD TO BELIEVE THAT RECENT ECONOMIC SOFTNESS IN CANADA IS ALL DUE TO THE WEATHER. (wait what?)
• ESTONIA’S PRESIDENT ILVES SAYS EU RESPONSE “SHOULD NOT BE ABOUT THE PRICE OF GAS” (what else is there?)
• U.S. TREASURY CORRECTS TICS DATA RELEASED EARLIER TODAY (#Ref/0)
• KERRY SAYS PUTIN SPEECH “DIDN’T JIBE WITH REALITY” (YouTube reality?)
• UKRAINE MAY SEEK COMPENSATION FOR CRIMEA ASSETS: PETRENKO (we don’t recognize it unless you pay us?)
• MERKEL SAYS NO CHANGE IN RUSSIA G-8 STATUS FOR NOW (nope, they’d have to really cross the red line)
• RUSSIA FELT ROBBED BY BREAKUP OF SOVIET UNION, PUTIN SAYS (uh oh)
• CYPRUS OPPOSES MORE SANCTIONS ON RUSSIA: FOR’N MINISTER (RIK) (just capital controls is good)
• SUGA: WILL DEAL APPROPRIATELY WITH PUTIN’S PLANNED JAPAN VISIT (umm what?)
• PUTIN: RUSSIA WILL NEVER SEEK CONFRONTATIONS IN WEST, EAST (fingers crossed?)
• JAPAN HALTS TALKS WITH RUSSIA ON VISA ISSUANCE (and nobody cared)
• WHITE HOUSE CARNEY “I WOULDN’T IF I WERE YOU” INVEST IN RUSSIA (what do you think of TWTR?)
• JAPAN DISPLAY STARTS TRADING 15% BELOW IPO PRICE IN TOKYO (shoulda IPO’d in USA)
• VIETNAM DELAYS SOME BAD DEBT CLASSIFICATION UNTIL APRIL 2015 (will all be fixed by then)
• SUGA: ABENOMICS WILL WITHOUT DOUBT LEAD TO ECONOMIC REVIVAL (yep no dooubt about it)

Has the world gone totally mad?

And then there’s this:

• Fed Tightening May Begin Sooner Than Thought: Hildebrand in FT (not holding our breath)

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