Monday Massacre Brought To You By Kazuo’s Carry-Chaos, Kamalanomics, & Jump’s Crypto Dump Well it started with a Japanic… but really Asian markets were just playing catch down to Friday’s moves. Yen strength (carry trade unwind accelerates post-BoJ) weighed on stocks and TOPIC had its worst day since the 1987 collapse… Source: Bloomberg How much more pain will Kazuo Ueda unleash on the Japanese public before he pivots dovish once again “You can’t unwind the biggest carry trade the world has ever seen without breaking a few heads. That is the impression markets give us this morning,” Kit Juckes, chief… — Continue at ZeroHedge News : Read More
Home » Monday Massacre Brought To You By Kazuo’s Carry-Chaos, Kamalanomics, & Jump’s Crypto Dump – Tyler Durden