Japanic Monday: Japanese Bonds, Stocks Halted After Plunging Into Bear Market As Everything Crashes Everywhere

In our preview of last week's BOJ we refrained from giving details and merely shared a candid assessment of what we thought the result would be: BOJ preview: whatever is the dumbest possible thing that can happen, is what will happen. 100% guaranteed — zerohedge (@zerohedge) July 30, 2024 And we were right, because by
Japanic Monday: Japanese Bonds, Stocks Halted After Plunging Into Bear Market As Everything Crashes Everywhere

In our preview of last week’s BOJ we refrained from giving details and merely shared a candid assessment of what we thought the result would be:

And we were right, because by deciding to hike rates into an economic showdown, the BOJ – which as we noted last week “changed the rules” again – has unleashed a financial apocalypse by creating a positive feedback loop that culminates with a deflationary collapse of all assets (as the bank now goalseeks a surge in the yen and thus deflation and economic devastation) which has led to not only to the Nikkei promptly entering a bear market from its all time high hit just 3 weeks ago and wiping out all of its year to day gains, not to mention collapsing 15% since last week’s BOJ meeting which we knew would be a disaster…

Total
0
Shares
Leave a Reply
Related Posts
Jonathan Bennett Says Tina Fey ‘Was onto Something’ with Iconic Line About His Mean Girls Character’s Hair (Exclusive)
Read More

Jonathan Bennett Says Tina Fey ‘Was onto Something’ with Iconic Line About His Mean Girls Character’s Hair (Exclusive)

Jonathan Bennett learned some sage style advice while working with Tina Fey on Mean Girls. At San Diego Comic-Con on Thursday, July 27, the 43-year-old actor spoke to PEOPLE about the comments he hears most from fans of the 2004 comedy film, in which he starred as love interest Aaron Samuels opposite Lindsay Lohan as
Rollins, Howard recall their change of heart about then-rookie HarperRollins, Howard recall their change of heart about then-rookie Harper
Read More

Rollins, Howard recall their change of heart about then-rookie HarperRollins, Howard recall their change of heart about then-rookie Harper

Rollins, Howard recall their change of heart about then-rookie Harper August 8th, 2024 Manny Randhawa @MannyOnMLB Share share-square-690261 Every rookie has one. It’s that “welcome to the big leagues” moment. On the latest episode of the 6-1-1 Podcast, hosted by Phillies legends Jimmy Rollins and Ryan Howard, we’re transported back to Bryce Harper’s, which took
‘We will be watching you’: Home Office warns thugs plotting disorder will face ‘full force of the law’ as Britain braces for summer of unrest with more rallies planned this weekend in wake of Southport stabbings
Read More

‘We will be watching you’: Home Office warns thugs plotting disorder will face ‘full force of the law’ as Britain braces for summer of unrest with more rallies planned this weekend in wake of Southport stabbings

The Home Office has warned thugs plotting disorder that 'we will be watching you' as Britain braces for a summer of riots in wake of the Southport stabbings. Flyers are being circulated for rallies in towns and cities including Blackpool, Dover, Nottingham, Leeds and Hull, using social media apps to call on 'patriots' to gather