The Nikkei index experienced its second biggest decline in history, and the unwinding of carry trades and the Bank of Japan’s ultra-easy monetary policy were identified as primary reasons for the selloff. Buffett’s Berkshire Hathaway recently increased its cash holdings and sold a significant portion of Apple stock, leading to concerns about his bearish outlook on the markets.
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Greg P
Posted underBank of JapanCarry TradeCharlie BilelloCurrenciesEducationInternational StocksJapanLeverageNASDAQPatrick Boyle