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DrScopeify
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Comments by "DrScopeify" (@drscopeify) on "The worst of the selling pressure is behind us, says Fundstrat's Tom Lee" video.
I have a suspicion that the people, or hedge funds that were so HIGHLY leveraged in the carry trade where 0.25% caused them to panic sell did not just get out totally but simply adjusted to a lower leverage. What is my proof???? The Dollar did not SHOOT UP, if they sold OUT of Japan JPY and sent the cash back to the USA in the form of Dollars to be re-invested here in the USA, the Dollar VS Yen would shoot way up but it did the opposite, Dollar went DOWN Vs Yen = the Carry trade (I THINK) did NOT unwind it simply was re-allocated, maybe to a lower leverage position that is not at risk from the 0.25% but what happens if BOJ hikes to 0.5%?????
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