The yen has made a huge move over the past seven months and no one can figure out why. According to every mainstream economic theory, JPY should be soaring not sinking. It’s got the government in Tokyo hollering about currency intervention claiming there is no fundamental reason for the yen’s plight. Except, there is and we just got more confirmation as household spending there utterly plunged in September and October.
Eurodollar University's Money & Macro Analysis
---------------------------------------------------------------------------------
EDU's Webinar Series
Thursday December 17, 6pm ET
A Trillion-Dollar Eurodollar Bomb is going Off on Wall Street
The most important funding system in the world is flashing warning signals, and almost no one is paying attention.
https://event.webinarjam.com/m9wym/register/n0rnxu7n
---------------------------------------------------------------------------------
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.