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2024-08-07 11:17:10

NBS on Nostr: Crash over. Bank of Japan folds and backtracks their rate hikes because markets took ...

Crash over.

Bank of Japan folds and backtracks their rate hikes because markets took a dump.

While I’m happy because I’m long and bought the dip in US equities, the Bank of Japan is truly an unserious institution. I understand why they’ve backtracked, but it shows a lack of adequate planning and strategy on their part.

Oh well, all time highs here we come.

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