By Gordon L. Johnson of Axiom Capital Research

As the conclusion of the Bank of Japan meeting approaches, Bloomberg's Mark Cudmore warns that he is struggling to see how this week isn’t going to end with a messy USD/JPY move down to levels last seen in 2013.

The Russians are at it again…being aggressive everywhere, this time in Europe. Russia is giving NATO a heart-attack by deploying SAMs to Europe’s border….or is it Russia’s border? Russian aggression has never been so aggressive… Russia Insider reports: Our day job is to read about Russia-related stuff and then write about it. So imagine our surprise when we learned that “a NATO air chief says he’s concerned by Russia’s increasing deployment of surface-to-air missile systems in and around Europe.” That’s huge! Russia deployed the S-400 to Prague? When did this happen?

Submitted by Brendan Brown via The Mises Institue,

Some optimists are touting the hypothesis that the weakness of the economic expansion since the last cyclical trough (June 2009) means that the next recession will be mild.