Today’s trade
Three issues today:
1. Supreme Court ruling on tariffs. I don't have the full picture, but as far as I understand it, a negative ruling wouldn't be the end of the world with Trump having a serious of mitigating moves left. But probably not great if it happens.
2. Japanese Bond rates are going through the roof. This is potentially very dangerous and could pull trillions out of US asset.
3. Greenland hoax - hard to believe that people selling based on that, but it dominates CNBC for some reason.
If the selloff is because of 3, it's a big buying opportunity, but 2. could escalate in very bad and systematic ways. 1. doesn't help.
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- RalphWood·01-21Japan bonds up? Bloody scary. If Greenland nonsense, might grab a bargain. [吃瓜]LikeReport