I Still Think we Have “Transitory” Inflation!
I still Think we Have “Transitory” Inflation!
David Belle, founder of Macrodesiac talks about his trade earlier in the year with the CADJPY and how he managed it before the massive JPY weakness.
David also talks about how he is looking for reasons to be a buyer of JPY in the future.
Also, David discusses the rise in rates, how that is influencing housing and the “wealth effect” with consumers. However, the high prices may have a negative effect in the coming months on inflation.
David discusses how he is using the Australian dollar and German GAX to express his views in the market.
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