The Yen Carry Trade Is Not Unwound and Should Concern Everyone
"…Knowing what’s left after the summer selloff is a challenge in part because no one is keeping track.
There’s no trading floor or regulator. No one publishes a league table. It’s a strategy, not a product, so… t.co/EJio9HfFKX pic.twitter.com/dumVOLtQns
— kristen shaughnessy (@kshaughnessy2) October 3, 2024
Meanwhile:
The #TheEverythingBubble will pop its just when and how fast will the correction be.
90% is not hard to conceive.
Defaults on real property are going up, but more importantly people are depressed. Demoralized.
— Kite Isaac Finds The Feather (@kiteiam) October 2, 2024
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