Japan is just the latest excuse of the week
You think anything is “unwinding” over a tiny .25% hike? No
Markets yesterday: POWELL CUT WE ARE SAVED
Markets today: JAPAN HIKING WE ARE DOOMED
48 hours and this is the retail response… tells you everything
Japan have raised rates before, it’s a nothing burger…. The free money isn’t stopping, maybe the 1000 x Leverage goes to 500 x leverage instead, that’s about it
#bitcoin at 90k on the flush of this “news”
It’s like everyone is missing the elephant in the room
Trump is replacing the Fed Chair and taking rates to 1% immediately, probably 0%
If he gets away with 0 income tax on USA….. then that sounds like a lot more free money than Japan lifting a whole .25% lol
If Japan said 2% -3.5% hike ok theyre changing things…. But not a .25% hike, they literally say at 0% for 30 years…. They move to actually remain relevant
Imagine being a central bank on 0% for 30 years…. You’re literally not needed are you? So no the Yen carry trade isn’t at risk of popping 😂
Unless you want to rewind back to
2017 the YEN CARRY TRADE IS POPPING
2018 YCT popping
2019 YCT POPPING
2020-2026 YCT popping
Laugh
Out
Loud
Markets are in turmoil as usual
Buy your Bitties