6 Comments

Thanks for this

For signpost of intention of major withdrawal of liquidity particularly from BoJ ( presumably fed qt / USA very large negative fiscal impulse - are meaningful but not critical liquidity drain tipping point ) should we assume a 2-3-4% strengthening in yen as confirmation ?

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I think you have to actually wait for japanese short rates to rise....

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Hey Russell, have you ever considered analysing the data from CrossBorder Capital (Michael J Howell) together with your view regarding Japan (Saudi A. of capital)?

Because they only track liquidity worldwide... seems like a natural way to converge to your ideias...

Thanks again

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NIIP data and BIS data seems to capture it pretty well - and free. I can do a post on BIS data if you like

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that would be Awesome! :)

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👍👍👍👍👍

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