If you think this prediction was correct, don’t worry you can go and like that post retrospectively 🤣 Don’t forget also to retrospectively unlike influencers who promised disaster 😆

Should I remind you to not panic anout JPY. I know you will anyway.

Carry trade is attractive not only because Yen is cheap but also because $ pays yields. With $ interest rate falling it already becomes less atractive. BOJ just tigtens it symetrically to avoid sudden imbalance in FX markets.

It is all just global markets liquidity management.

If markets fall/rise it will be for other reasons.

#quinns_economics

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