Death Of The Carry Trade Correlate

Take a look at the divergence you’re seeing today, and I guess we can all conclude that, like all other economic information out there, everything is interpreted as bullish.

On the left side, you can see our equity markets used to care very deeply about the Japanese Yen. Take a look at the divergence you’re seeing today, and I guess we can all conclude that, like all other economic information out there, everything is interpreted as bullish.

0729-DIVER

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