4 ms·
There’s something happening with Euro/JPY vs USD that is forcing a significant inflow into US assets. It’s going to continue because: (1) EU kicked the can for
by lvl102 4y ago
There’s something happening with Euro/JPY vs USD that is forcing a significant inflow into US assets. It’s going to continue because: (1) EU kicked the can for far too long and they cannot meaningfully raise rates without facing the realities of the debt crisis of 2010-12, and now made impossible due to Ukraine, and (2) Japan is committed to driving down the yen even further. USD is king and real-estate will reflect that reality.
- uptownfunk 4y agoyes jpy has been devaluing for some time now.. it was coming
- presentation 4y agoMy income is in yen and this makes me sad lol
- 01100011 4y agoThe weak yen is going to help Japan win back manufacturing from China. China is in a very tough spot right now. Between "zero covid" and losing mfg due to monetary and political reasons China may be reaching a local maximum for a while.