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this thread is a summary of a much longer article authored by Daniel Amerman, CFA. Not mine.
I have long been writing about the economic singularity that is Japan.
Antifragility is a concept coined by Nassim Taleb.
This month, amid chaotic trade policy moves and volatile global markets, the DXY (Dollar Index) has weakened considerably. The drop is mostly being driven by ongoing trade tensions with China, where both countries have imposed heavy tariffs on each other.
https://x.com/zerohedge/status/1907532044961251463
In September 2022, I published a viral piece online entitled βThe Sword of Damocles and the Dollar Milkshakeβ where I discussed the growing crisis in the British Pound and the Japanese Yen, which had both slid to historic lows against the Dollar.
He goes to a park and ditches a backpack full of Monopoly money but not the murder weapon???
Within hours of Trump being officially elected to the Presidency, Bitcoin soared to fresh all-time highs, buoyed by the hopes of crypto industry reform that was promised by the billionaire politicians just a few months ago.
Black holes are fascinating things. Floating in the dark expanse of space, massive gravitational wells lurk, with gravitational forces so strong they bend and pull all matter towards their Singularity.
Markets are holding their collective breath this week as the Fed Open Market Committee meets from Tuesday through Wednesday. Powell is expected to give clues as to the coming rate-cutting cycle from the central bank as well as discuss key economic data.
On July 31st, in a surprise move the Bank of Japan hiked interest rates by 25 basis points, or a quarter of one percent. Markets were expecting only a 10bps increase, so this caught them off guard, along with the hawkish wording of the policy statement from BoJ Governor Ueda.
https://twitter.com/peruvian_bull/status/1742540313506275617
Last week, the Japanese Yen slid past another crucial threshold, crossing 155 to the dollar and falling even lower during a crucial press conference. For months, Iβve been writing about what I believe is a burgeoning Asian Currency Crisis with Japan at the forefront.
The last few months have seen a record jump in the price of gold. The yellow metal started the year at around $2,061, and in recent months a strong rally has taken place, rocketing it to a fresh high of $2,364 in trading Tuesday morning.
The commercial real estate market is currently facing a perfect storm. Over the last two years, the impact of stricter financial conditions on the value of commercial properties has been exacerbated by trends like teleworking and e-commerce.
"Thereβs a form of securities fraud known as naked short selling that is becoming very popular and lucrative to the market makers that practice it.
In September of 2019, a user named u/DeepFuckingValue begins posting on Reddit about a wild YOLO bet he makes using long-dated options and shares on the video game retailer company, Gamestop.