Bad news isn’t even good news anymore in Japan. A sushi-boat-load of data this evening show once again that Abenomics is failing dismally. In no particular order… Large Manufacturing Index MISS (lowest in 9 months), Large Manufacturing Outlook BIG MISS, Large Services Outlook MISS, Small Manufacturing Index MISS, Small Manufacturing Outlook BIG MISS, and drum roll please… Tankan Large Industry Capex Outlook crashes to -1.2% (from +8.7%) – the lowest in 2 years (since Abewrongics was unleashed).