Notes today:

 

• The Japanese yen depreciated to its lowest level against the dollar in over two decades. BoJ's Total assets have swelled to 137% of GDP - and leading the global race to print money
• From the BOJ minutes says from the members that the groups policy is not aimed at controlling FX rates. No kidding.
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• ProShares has publicly launched the first short bitcoin-linked ETF in the US. The ProShares Short Bitcoin Strategy ETF (NYSE Arca: BITI) 

• Goldman Sachs: 'We now see recession risk as higher and more front-loaded'. 

• The Supreme Court is bulldozing the Wall of Separation. In a ruling just handed down, the Court’s extremely conservative supermajority ruled that taxpayers can be forced to fund religious education. 

• "We've got lots of theories. We just don't have any evidence." -Rudy Giuliani 

• Argentina’s central bank lifted its benchmark interest rate for the 6th time this year to 52% as the government struggles to cool inflation expectations. 

• Colombia 10 Year Government Bond Yield increased to a 13-1/2-year high of 11.919% 

• Microsoft curbs its facial recognition platforms in the name of privacy and security. (lip service)

• The Philippine peso slumps to its lowest level in more than 16 years