Posted by DigiNomad on 10th of May 2024 at 10:05 am
I'm surprised it's not more extreme to the upside. I don't think
people really understand what happened last week. I think Janet and
JPOW are also surprised but for a different reason. They took
extreme measures to crush the USD last week and it barely budged.
They got the unavoidable asset price inflation that comes with
currency dilution but the JPY rescue is still very
questionable.
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I'm surprised it's not more
Almost back at ATH ... can't stop won't stop ... ...
Posted by DigiNomad on 10th of May 2024 at 10:05 am
I'm surprised it's not more extreme to the upside. I don't think people really understand what happened last week. I think Janet and JPOW are also surprised but for a different reason. They took extreme measures to crush the USD last week and it barely budged. They got the unavoidable asset price inflation that comes with currency dilution but the JPY rescue is still very questionable.