Bank of Japan Gives Up — And U.S. Banks Are Between A Rock And A Hard Place

(short this one)
 
   
     
   
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The Bank of Japan gave up (somewhat) on their yield curve control.

And it's going to have MASSIVE implications…

You’re going to see a lot of selling in other assets as they cover their positions that are now too expensive to finance.

Meanwhile, banks in the U.S. are in a tough spot with an inverted yield curve.

And today's pick is a great short setup on a U.S. bank.

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Don Yocham

   
 

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