After such a vicious sell off, I would expect a bounce. This smelled of liquidations on carry trade. I would be surprised if we don’t trend lower based on slowing economy. Thanks.
Capital uses leverage to carry out unlimited arbitrage in Japan and deposits it in American banks to earn interest. This is indeed common. Thank you for sharing. Let us understand the details of this story more
After such a vicious sell off, I would expect a bounce. This smelled of liquidations on carry trade. I would be surprised if we don’t trend lower based on slowing economy. Thanks.
Thanks
Very well done.. spot on.. over sold?? Thanks. RZ
Capital uses leverage to carry out unlimited arbitrage in Japan and deposits it in American banks to earn interest. This is indeed common. Thank you for sharing. Let us understand the details of this story more
ty for this so helpful
Éric — not surprised. My husband warned me about this months ago. Great column. All best,
Francesca Nye
All time great email title