I’m a hedger at heart. In addition to “buying” when they sell, from time to time, I’ll use the currency markets, especially when macroeconomic and geopolitical changes will more than likely transpire. With that in mind, it’s time to start buying the Yen.
Economically, Japan has reason to raise its interest rates. Rising rates are beneficial for currency exchanges. At this point, it’s well worth the risk for me to enter into the long side of the Yen versus the Dollar. It’s a great hedge as I always like to buy when the “herd” is selling.
If there was someone who beat Elon Musk to Mars, it was David Bowie. I grew up with a lot of his songs but always liked “Changes.” He had a way with words. In his own way, Bowie told us a message. He had a way of dealing with reality in a way that others seldom understood. The world is constantly changing, but logically, it’s just a simple way of moving forward. I bet Elon likes his messages as well.