(1) Rebel without a cause: James Dean racing towards the edge of a cliff. (2) Rebels with causes: Schäuble, Trichet, Obama, Boehner, Abdullah, and Khamenei. (3) EU leaders racing towards June 24 deadline on Greece. (4) Democrats and Republicans racing towards August 2 deadline on debt ceiling. (5) Saudis have a cause. (6) Today’s soft-patch Bears were last year’s double-dip Bears. (7) Soft patch in global exports coincides with disruptions in Japanese output and exports of parts. (8) Chinese and US imports from Japan dropped sharply recently.
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