101- Japan killed the carry trade
Sometimes Crypto

101- Japan killed the carry trade

E 2024-08-11
Japan absolutely tanked global markets and crypto was not spared. Japan's cheap lending is no longer available after a major rate hike of 25 basis points. Really it is just 0.25%, but this was significant for Japan. The bois talk about how the US might have to cut rates soon to fix the job market issue. Alex brings up a very interesting story about how pizzas can predict if violent turmoil is about to go down. Stick around for this riveting episode of your favorite crypto podcast. #CryptoNews #JapanRateHike #GlobalMarkets...
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