Digging the Grave
This week some trends continue and some look to have taken a pause. In this week’s post, I’ll take a look at some of the data coming out of the quarter. It was a bad quarter for some assets and a really swell one for others. Yes, I just used the word swell. Sorry, but I was looking at classic cars with my dad over the weekend. The art of picking a title is hard, but this week comes via a song from one of my favorite bands . The hard part is then trying to find a picture that's ok to share. Below I'll touch on the BOJ trying to defend the Yen. I think they might be Digging the Grave here. JGBs, and pretty much most of the government bond market , are selling off. The curves are facing inversion and we may continue to see the Fed hiking. We might be up for a challenge for the remainder of 2022. This week I’ve got a ton of charts that I looked through. One thing that I completely missed, which a colleague alerted me to, was that my Yen performance was inverted. Whoops! Instead