SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (200287)8/5/2024 10:06:37 PM
From: cycleupcycledown  Read Replies (1) | Respond to of 223204
 
He said it’s unwinding…..Folks borrowed cheap yen, invested in the US tech bubble,banks, etc….Bank of Japan raised rates, causing margin calls on borrowed money. Folks are selling stocks to cover yen losses…..I think, not sure….several stories on the news…I was wondering who was juicing the bubble…He didn’t say buy/hold or give advice..The dollar has dived, might have been a factor too.