BOJ gov still earning his appearance money in Davos 20 Jan

  • there may be upside risks in US economy this year, next year, on condition that protectionism does not spread all over the world.

It won't Mr K. The biggest protectionists will see to that eh?

His IMF reference was to Lagarde's comment that disruptive influences expected in 2017:

"could end up in a race to the bottom on the tax front, trade front, financial regulation front and could lead to a really big black swan that could have devastating effects"

The WEF paymasters squeezing every last drop out of their hired guns before it all wraps up later today.

Black swan and reflection looking much like the EURGBP/GBPUSD correlation charts