MISSION ACCOMPLISHED
Update: 2024-08-14
Description
Job done! Didn't you notice? Inflation has been licked; the Yen carry trade is nearly wound down, and the fed is about to cut. What could go wrong?!
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- Wholesale inflation shows few warning signs. Fed interest-rate cut still on track.
- US PPI July 2024: Producer Prices Increased by Less Than Forecast - Bloomberg
- Credit Card and Auto Loan Delinquencies Surge in the Second Quarter – MishTalk
- Thursday morning JP Morgan said 75% of the carry trade was unwound.
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