Another Japanese Yen market shock is coming warns T. Rowe Price
https://x.com/Barchart/status/1830864673341604320
....the fact that the market survived the 'yen carry trade reversal' does not render the resolution of the problem. It highlighted and underscored the fragility of the markets that rest solely on confidence.
....and confidence will be tested again, because now the world already knows about it.
....we ought to be more worried about problems that have yet to implode before it implodes rather than when it has imploded.
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