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Rabbit Hole Recap #204: When chasing yield goes wrong

Rabbit Hole Recap

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Is Japan Going Through a Crisis?

The fed raisedrits by 75 bips yesterday. That's going to prove to be wholly ineffective at curbing inflation, i would argue. You have the japanese yen blowing up right now. And even the pickwin has gone through this massive price decline of the last week and continue could continue to experience a price decline. What's happening, again, is a d leveraging event where the a relative risk of bicwin posure is considerably lower than having exposure in traditional markets.

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