JPY was notably strong overnight versus the dollar and the Yuan. Meanwhile oil is down -2%, hence 3x leveraged oil is down -6%:
Yen / Yuan (with S&P)
China and Japan combined are spending asinine amounts of money to prevent this from happening...
Globalization unwinding:
"It's a simple formula that applies to all politicians, whatever they say, believe the opposite"
On a totally separate yet 100% correlated note, I was reflecting on what it means for Amazon and the other internet stocks to be outperforming at this late stage...
Internet Fund
Nasdaq 100
Up next, the running of the bulltards
No sound necessary...
