My thesis for Japan was built on a large fiscal package and easy financial conditions. Kuroda delivered but Kishida has not come through. I expected this to happen before quarter-end. Without fiscal spending, the yen is Not going to weaken significantly. I am closing my USDJPY call tonight. it’s a matter of discipline and will be quickly the wrong thing to do if, in fact, Kishida gets it done. But moving on for now. Up 70% on the call is fine.