Don’t be fooled by this Deepseek bullshit. That’s just a shiny object.
The real reason for the market pullback is the hot money borrowed in Japan, having to return home.
Once again the Yen carry trade causes chaos. The carry trade bros are HIGHLY levered so even 25 bps hike is like Mt Everest. Their borrowing costs just doubled. So they need to get the money out of the U.S., converted back to Yen and pay off the loans and lines.
All this hot money was in the Mag 7 and it’s going to get crushed today as the money comes out.
I’m not going to be surprised if gold and silver get hit too. That’s usually what happens when the margin call man comes knocking. However there is a possibility that commodities do relatively well. Including oil.
I love days like this because I’m always prepared for days like this. The days when the tide goes out and all the naked people are embarrassed.
But have no fear. In a couple of months or three the markets may be back at all time highs.
Good luck
Wishing you a strong and meaningful Christmas season. I’m sincerely grateful for your loyalty, trust, and unwavering support—it does not go unnoticed. May this time bring well-earned rest, renewed focus, and the drive to take on the year ahead with confidence and purpose. Thank you for standing with me. Merry Christmas Coach Gang!
What’s Good Gents,
I am on the final two weeks of my 90 day gym challenge. During these past three months, I eliminated cheat meals, only eating what I made. I started at 230, today I am at 197. I can see my abs for the first time. I thought I wasn’t fat, however the first picture I took on January 16th and the picture I took today said otherwise.
I did this to see if I could do so, now I will extend and continue on indefinitely. This is part of Bossin’ up. The money from my investments are starting to compound. Now, my health need to be in order so that I can enjoy it for the rest of my life.
I look at disgust now when I see the men here looking pregnant but still eat pizza and drink soda like it’s their religion. I would be embarrassed
The Boss up must go on
@CoachGregAdams I think I found a new sound bite for The Boss Up Show. Straight outta Medellin, Colombia she says "No money, no poosy" 😸😹
