A quarter point rate hike from 0% to .25% caused a -27% decline in the Nikkei, wiped out all gains for the year and caused a global crash w/$6.4 trillion in stock losses. So far.t.co/VCez2pIbgq
The global stock losses exceed the entire value of the Japanese stock market… pic.twitter.com/CKFGfuwxXw
— Mac10 (@SuburbanDrone) August 6, 2024
The Japanese Yen Carry Trade unwinding is only 50% complete warns JP Morgan pic.twitter.com/LyaAWpZwVY
— Win Smart, CFA (@WinfieldSmart) August 6, 2024
twitter.com/RJRCapital/status/1820790507548574059
When they give up on Nvidia that's when shit gets real. pic.twitter.com/MHN8p5zBQ2
— Mac10 (@SuburbanDrone) August 6, 2024
No capitulation this morning means that the market will just bounce here for a while and then roll over and implode again. pic.twitter.com/1TyditOzpA
— Mac10 (@SuburbanDrone) August 6, 2024
Global 🌎 P/E Ratios pic.twitter.com/NaEAlU8ZfY
— Win Smart, CFA (@WinfieldSmart) August 4, 2024