Remix.run Logo
helios_invictus 5 hours ago

I've skimmed this article, but what does this mean for most of the people in the US?

largbae 5 hours ago | parent | next [-]

The author is implying that BoJ can/might/will cause appreciation of the Yen, which will force folks who are short(borrowing Yen) to buy USD assets to go underwater, forcing liquidation to pay back the Yen, and appreciating the Yen more. It's possible but there is no guarantee it would be a disruptive feedback loop or this year or etc.

If you believe them, then you can hedge buy either shorting TLT(betting treasury yields will rise), or going long Yen (e.g. FXY shares/calls).

I bought some FXY calls but just enough to hedge the Yen prices of my upcoming Tokyo trip in case they're right.

forgetfreeman 5 hours ago | parent | prev [-]

We are profoundly fucked.

alex_young 5 hours ago | parent [-]

We always are. And yet, number go up.

forgetfreeman 5 hours ago | parent [-]

Tell that to Adolf Merckle.