The USD-JPY (Dollar/Yen) just broke out, and the last time this happened in 2024, it triggered a coordinated intervention and a 15% drop in U.S. stocks in a matter of weeks. In this video I break down the USD/JPY chart, the DXY at a make-or-break resistance zone, and why the euro and British pound have already broken out against the dollar. The answer comes down to one chart almost nobody is watching: debt-to-GDP.
I also cover why I think the market is dead wrong on Kevin Warsh, why I don't buy the hawkish act for one second, and what it means for rate cuts into next year.
Video Length: 00:13:28
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