Keeping him on as the top priority—does Jamie Dimon directly short Japan?
Just when Jamie Dimon has firmly secured his position, JPMorgan has kicked off a “sell-off” mode—so much so that it’s set to dump ¥491 billion in bonds.
Earlier, Japan’s Ministry of Finance deployed a massive ¥11.7 trillion to intervene in the currency market, but the yen is still at its lowest level since 1986.
At this crucial moment, for Wall Street’s trailblazer to decisively flip and short Japan is definitely not a good sign.
Just when Jamie Dimon has firmly secured his position, JPMorgan has kicked off a “sell-off” mode—so much so that it’s set to dump ¥491 billion in bonds.
Earlier, Japan’s Ministry of Finance deployed a massive ¥11.7 trillion to intervene in the currency market, but the yen is still at its lowest level since 1986.
At this crucial moment, for Wall Street’s trailblazer to decisively flip and short Japan is definitely not a good sign.