Great execution of explaining this to a regard like myself.
Potpourrri on
Add a VHS filter and this could be the intro of a post apocalyptic horror movie
Etna- on
Lucky me: I wanted to start investing 1 1/2 months ago but for some reason i cant buy anything on TR except crypto (which i have no interest in). Couldnt find an answer to my problem online and the support is basically ghosting me so my money is just sitting in my account doing nothing
Marko-2091 on
If it wasnt because Credit Suisse is not operating anymore (freely), I would bet that tomorrow they would go out and say that they were on the loser side of the bet (5B USD lost) on a Yen Carry Trade
Ok.
How do I buy this YEN stock? I can’t find the ticker anywhere. Need lambo now.
drainer0 on
just say it’s like paying credit cards with promotional interest credit cards
SupramanE89 on
10/10!
Agreeable_Addition48 on
u/savevideo
k1netic on
I’ll take Jap Anus relations for 200
Dylan-the-villan on
If I borrow yen and never go back to Japan what are they going to do about it
thicc_dads_club on
Great summary! Thanks for this. I’ll note though that the impact on US stocks shouldn’t be *that* bad in the medium term. From a global perspective it’s a zero sum “unwinding” of assets. Folks that were long US assets and short yen are now netted out, but yen lenders now have lots of yen laying around, and it has to go *somewhere*. I don’t think BoJ is going to sit on it forever; yen rates aren’t so high that they won’t find new borrowers.
It’ll just take a little time to find a new equilibrium. It’s not going to kick off a recession since it’s unrelated to the strength of the US economy.
Randofish123 on
But it already happen so everyone go back to buy buy buy
This yen carry trade unwinding puts the US Fed is a pickle. Dropping fed funds rate at this point would only exasperate the unwinding.
SprinklersSprinkle on
I don’t get it
Phantom_Symmetry on
This trade was making huge money this year with the Yen depreciating to nearly historic lows against the USD. That US payroll number last week squeezed this trade hard so anyone using Yen to buy a US stock or bond likely had unwind some of the trade
Fluid_Solution_7790 on
The music is about to stop…?
Rippedyanu1 on
Honestly OP? Thank you for this. And I guess thanks dipshits leveraged to the tits traders that did this regarded shit because now my stock sector is on a hell of a fire sale with all the bullish thesis points happily intact. It’s a goddamn black Friday in summer sale baby
Ambitious_Arm852 on
Wow eli5 content on WSB. The sub is back
-BabysitterDad- on
Isn’t this what the Japanese housewives did in early 2000s? Mrs Watanabe aka Kimono Trader converted JPY to AUD.
Realistic_bastard-3 on
Seems like this should be illegal?
Anon87323 on
Love the vid. Wish they would have answered the questions “what happens when all three happen at once?” Would love to see the actual numbers based on the last two days
Peshmerga_Sistani on
Remember, institutions and small players had their yen carry trade blow up in 2008. Exacerbated the GFC. Overleveraged to the tits, true degens.
44 Comments
lol, this is brilliant.
This is a pretty good explanation
You get smarter by browsing wsb.
This is too succinct and clear to be on WSB
Great execution of explaining this to a regard like myself.
Add a VHS filter and this could be the intro of a post apocalyptic horror movie
Lucky me: I wanted to start investing 1 1/2 months ago but for some reason i cant buy anything on TR except crypto (which i have no interest in). Couldnt find an answer to my problem online and the support is basically ghosting me so my money is just sitting in my account doing nothing
If it wasnt because Credit Suisse is not operating anymore (freely), I would bet that tomorrow they would go out and say that they were on the loser side of the bet (5B USD lost) on a Yen Carry Trade
Ban.
This sub is for regards only
If only I could read
That was a good explanation
https://preview.redd.it/k9bwuux7pxgd1.jpeg?width=1200&format=pjpg&auto=webp&s=571a536351abf39d3f72933e2a0a253d8a3015d3
Ok.
How do I buy this YEN stock? I can’t find the ticker anywhere. Need lambo now.
just say it’s like paying credit cards with promotional interest credit cards
10/10!
u/savevideo
I’ll take Jap Anus relations for 200
If I borrow yen and never go back to Japan what are they going to do about it
Great summary! Thanks for this. I’ll note though that the impact on US stocks shouldn’t be *that* bad in the medium term. From a global perspective it’s a zero sum “unwinding” of assets. Folks that were long US assets and short yen are now netted out, but yen lenders now have lots of yen laying around, and it has to go *somewhere*. I don’t think BoJ is going to sit on it forever; yen rates aren’t so high that they won’t find new borrowers.
It’ll just take a little time to find a new equilibrium. It’s not going to kick off a recession since it’s unrelated to the strength of the US economy.
But it already happen so everyone go back to buy buy buy
https://preview.redd.it/l6qhxuicvxgd1.png?width=1000&format=png&auto=webp&s=c470896c561facc5d125e9846379c06f0855a35a
Feel like this should be playing on a Radiation King©
Wait this is so smart. Can someone send me a YouTube video on how to buy Yen and convert to Dollhair??
Robert T Kyosaki likes to do this a lot iirc.
So when do I yolo?
Now get Bill Nye to narrorate
This was definitely not retail.
Phew now that that’s over let’s go back to the bull market
Me and the Carry Trade got HISTORY
Excellent job 👏
Woah woah woah…
https://preview.redd.it/nmxg1e3m0ygd1.jpeg?width=1125&format=pjpg&auto=webp&s=52432ff92530d7a44e40afbc8eecf2e924c674da
looks like it can go bad very fast.
This yen carry trade unwinding puts the US Fed is a pickle. Dropping fed funds rate at this point would only exasperate the unwinding.
I don’t get it
This trade was making huge money this year with the Yen depreciating to nearly historic lows against the USD. That US payroll number last week squeezed this trade hard so anyone using Yen to buy a US stock or bond likely had unwind some of the trade
The music is about to stop…?
Honestly OP? Thank you for this. And I guess thanks dipshits leveraged to the tits traders that did this regarded shit because now my stock sector is on a hell of a fire sale with all the bullish thesis points happily intact. It’s a goddamn black Friday in summer sale baby
Wow eli5 content on WSB. The sub is back
Isn’t this what the Japanese housewives did in early 2000s? Mrs Watanabe aka Kimono Trader converted JPY to AUD.
Seems like this should be illegal?
Love the vid. Wish they would have answered the questions “what happens when all three happen at once?” Would love to see the actual numbers based on the last two days
Remember, institutions and small players had their yen carry trade blow up in 2008. Exacerbated the GFC. Overleveraged to the tits, true degens.
All you guys were doing this without me huh? 👀
Thank you!
What’s the ticket for YEN ?
Thank you very much. That was explained greatly!