
Yen Carry Unwind Bludgeons Stocks and Bullion
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Housekeeping: Good Morning.
India is printing fiat explicitly to buy Gold and Silver now
Today:
* Commentary: The Yen and the Markets
* Premium: Goldman Trader Comments on yesterday’s activity
Equity Recap:
Stocks sold off around the globe, led by losses in chipmakers, as STMicro cut its annual revenue outlook again, and BE Semi issued weak third-quarter guidance.
Premium Markets:
Goldman Trader Weighs in on JPY moves and Tech Selloff
Asia risk dominated by JPY strength/unwinds (NKY -3.2%) as “The Bank of…
The skinny
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