1. Yen Melt Up threatening to break 140Y , the first Xmas tree in sight in USDJPY chart
2. Israel-Iran-Hezbollah conflict is about to begin and Oil will spike
markets can impute as many rate cuts as they like but central bankers have a big problem now because we face the spectre of stagflation next year if world conflicts don’t end.
A crisis is assured in an interconnected world, the window is now closing for those who defiantly refuse to stay out of harms way.
