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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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