Is the yen carry trade about to unwind?
Look at japans bond yields reaching aths and levels not seen in decades. USD/JPY hit 160 twice these past couple months before the boj intervened and now it’s creeping up there again. We all remember what happened two summers ago when japan hiked rates and the USD/JPY reached 161. The BOJ might need an emergency meeting rate hike asap, but either way it’s gonna happen in June anyway.
Ryan and warren have been stacking cash these past couple of years as the bond yields have gone up exponentially in only a few years. I think they see the writing on the wall and this might be what roaring kitty has been waiting on if you remember his thumbnail from his last stream. It might actually be time soon, any day or week now imo. Let me know what you guys think and feel free to share your thoughts.
All the fake gains made by the s&p 500 these past few years could potentially be wiped out in an instant. So many things happening at once, i can barely keep up anymore 😪. I don’t even know wtf is going on with the war too lol