IMF’s Lagarde:

  • Oil’s drop net-net good news for world economy

Huh?

Is there any doubt?

Anyways …. more from her:

  • Oil price adds to Russia’s fragility, vulnerability
  • 1+1=2 (OK, you got me …. I made that one up … but since we are stating the obvious… But … I don’t know the context of Lagarde’s comments, maybe she is explaining stuff to some fruitcake tin-hat nutjob, and putting it in kindergarten terms for him? And probably suppressing a chuckle while she does.)

OK, here’s more:

  • Euro-area policy makers need to use available tools to boost growth
  • Japan’s Kuroda taking vigorous steps on inflation