🇺🇸🇯🇵 THE U.S. AND JAPAN COULD BE ABOUT TO SHAKE GLOBAL MARKETS. Reports suggest Washington and Tokyo may announce another coordinated effort to strengthen the Japanese yen. Why does this matter? If the U.S. sells dollars to buy yen: • The yen strengthens. • The dollar weakens. • That typically supports assets like $BTC, gold and growth stocks. But there's a catch... The global financial system is still sitting on a massive yen carry trade. For years, investors borrowed cheap yen to buy higher-yielding assets around the world, from U.S. equities to crypto. If the yen rises too quickly: • Carry trades could unwind. • Investors may be forced to sell stocks and crypto. • Japanese exporters could also come under pressure as overseas earnings become less valuable. In other words... A controlled yen recovery could be bullish. A sharp spike could trigger another global risk-off event. Markets will be watching every headline out of Washington and Tokyo. 👀