Carry Trade Unwind Starts And It Started Today Japanese short rates are exploding.

This Is How a Carry Trade Unwind Starts And It Started Today An absolute bloodbath was witnessed in Japan’s financial markets. Short-term JGB yields went VERTICAL today. The 3-month yield smashed 1.25%, highest in 31.5 YEARS and the 6-month hit 1.34%, highest in 31 years. Two years ago these were NEGATIVE. Now they’re ripping like a bond crisis is already here. At the same time SoftBank got DESTROYED. Shares plunged over 15% intraday, closed down 10.7%. Roughly $8 billion wiped off Masayoshi Son’s fortune in one session. SoftBank owns ~13% of OpenAI, right in the blast zone as AI labs suddenly start talking “slowdown.” This is not isolated. The BOJ is hiking. Japanese short rates are exploding. The cheap-yen carry trade that funded years of US stocks, Treasuries, and risk assets is starting to unwind. Japan is one of the largest foreign holders of US Treasuries. When they sell (or stop buying) to chase higher domestic yields or cover losses, US yields spike too. Higher US yields + carry unwind + AI narrative cracking = the exact cocktail that produces a bloodbath. Markets spent months pricing infinite AI acceleration and infinite cheap Japanese money. Both assumptions just took a body blow on the same day. From global stocks, bonds, banking, derivatives to AI, Oil and Global Energy. The extent of Japan’s free money catastrophe is unfathomable. If the BoJ’s@yutokanzakireal warning indeed happens, we are going to see the biggest global financial bloodbath in decades.

 

By Idi Admin, ago

AI Sales Hype Goes Sideways – So Story Time Begins

Scam Altman is telling you tales of terminators – by all accounts he is a sociopath. If you can not watch him for 5 minutes and see he's not playing straight with you then work on that.]

They risk nuclear war w/ Russia & are actively toying with mass famine w/ war on Iran & inject you with "vaccines" that are witches brew & replace you w/ hordes of immigrants. But now they're worried about your well being in regards AI. Yah right.  Why do I think if AI was really going to be fatal that they would consider it a positive.

What it is

  • Over sold
  • Not breaking even
  • A way to control free speech on the internet
  • A tool.  Think Black and Decker – are you worried about the razor knife sitting on your work bench or the hand that might pick it up? 
  • It's a bus – and this bus is not one that can go without a human driver. 
  • analysis good
  • It is a computer.  Garbage in garbage out.  Coding syntax? Good.  
  • Excuse to keep stringing stock players around

What it aint

  • Terminator – they over sold it
  • Synthesis – not so great
  • Alive
  • Good economic model to get to the promised land
By Idi Admin, ago

Administration US occupied Germany was instructed German Government to build a new large-scale military hospital in Ramstein in preparations for escalating the war on Russia

Professor Richard A. Werner @ProfessorWerner:  The administration of the US-occupied Germany, aka the German government, was instructed by the US occupation to build a new large-scale military hospital in Ramstein, Germany, which is going to be the largest in the world. Further preparations for escalating the ear on Russia.

Translation:   In Weilerbach near Ramstein, the largest US military hospital outside the USA is allegedly being built. Yet the official figures on costs, staff, area, and beds don't add up. I have therefore inquired with the federal government, which is officially the client, …whether they know what is actually being built there…
By Idi Admin, ago

Went to Petra in Jordan. If you ever wanted to go, go now. It’s the value investor opportunity of a lifetime. The place is absolutely empty. Less than 200 visitors a day, down from 5,000+ previously (down ~95%). Hotels are cheap. Food is great. Amazing guides are available and you literally get the place to yourself…

By Idi Admin, ago