On Japanese Bond Vigilantes, Trump’s Method & Earnings Surprises

Japanese bond yields have risen to their highest in decades as monetary policies and fiscal initiatives conflict at a time rife with uncertainties related to the nation’s elections and US tariffs. William discusses the forces that are rousing the Bond Vigilantes of Japan. … Also: Melissa finds method in Trump’s tariff madness, sharing six reasons that Trump’s accelerated tariff aggressions might make sense for the United States—balanced by detractors’ arguments. … And Joe’s Q2 earnings revisions data suggest that estimate reductions may be overdone, so, he says, don’t be surprised if Q2 reporting season brings big earnings surprises.