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I can’t imagine that we’re far from intervention occurring there, and the Fed is most likely going to have to help here because it’s either they help out or they’re going to be doing 50 bps cuts (which I doubt they want to do) while the Nikkei crashes into oblivion.
Q’s down nearly 6% pre market. We haven’t seen anything close to this since Covid. This is a white Buffalo kind of day. These are the ones you’ll always remember. Buckle up.
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