USDJPY 102 Sends S&P To New Record High
What? Us worry? Thanks to the magic of the 102.00 USDJPY tractor beam, the S&P 500 has decided that Ukraine is fixed, the worst macro data in 6 years, and a rapidly tumbling expectation of US GDP is just enough "news" to warrant BTFATH. Thanks to an epic squeeze of the shorts, once again, stocks are at all-time highs... rinse, repeat...
Spot the Difference...
As the squeeze is on once again...
Charts: Bloomberg
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