JAPANESE RULE CHANGE FUELING YEN WEAKNESS AND MAG7 STRENGTH?

The 'tourist reviews the change to the Japanese NISA accounts

There is lots going on in the market, and I need to publish my follow-up pieces to WORRIED, but in the meantime, I wanted to highlight a recent insight I gleaned from Japan.

But before I do, let’s remember back to a little less than a month ago when there were two things that market participants were completely sure of:

1. MAG7 only went up.

2. Yen only went dow…