Buy a rumor, sell it to the news

It’s a proverb that’s familiar to people with long-standing stocks, but not to the MZ generation.

Compared to traditional cycle stocks, a group of companies with low economic sensitivity and structural growth are in force, so it seems that the bull market mind has become internalized that they should buy if they fall out at some point.

Personally, I have been paying attention to the J-Bank since the end of 2021. Only Japan in major developed countries has taken into account the fact that it has no choice but to stick to its easing monetary policy even when inflation is rising.

Ironically, the BOK’s YCC policy blocked the top end of interest rates, prompting an extreme weakening of the yen.

This was also the ingredient of the Macro hedge fund’s JPY convention short bet. At the same time, we start to think that normalizing interest rates is only a matter of time and that we have no choice but to follow the interest rate policies of major developed countries.

The event drive strategy dealt with the displacement situation caused by the distorted interest rate policy of the reserve currency.

As expected, J-Bank’s stock has a sharp upward trajectory since 22. It shows no less ballistic than the M7. Of course, it’s not an easy bet without strong faith in eventual rate rises.

While some managers are slowly looking at J-Banks due to the recent hike in the BOJ’s interest rate.. Too late. Big macro hedge funds are realizing profits with the liquidation of the Ncarry trade..

If you can’t buy it from rumors and sell it to the news, you should be prepared to wash it sometimes.

tslaaftermarket