Japan Just Caught Up With the Rest of the World: John Authers (Correct)

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Today’s Points:

• Japan’s election has stripped the ruling coalition of its parliamentary majority.
• Premier Ishiba’s intent to carry on increases the political uncertainty.
• Jay Powell is still chairman of the Fed, for now, despite everything.
• Tariffs are showing up in US prices — will they start to dent the bottom line?
• AND: Some Phanatical Astronomy.

Japanese Voters Have Had Enough

It’s not just US exceptionalism that has taken a beating this year. The same can be said for Japan’s status as the exception to all ...