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🚨MAJOR CRASH COULD START NEXT WEEK
Most people are focused on short-term moves
The real risk is coming from multiple directions at once
Right now markets are sitting on three risks at once – and they all hit liquidity
First – Japan
The BOJ is being pushed to abandon its old policy to defend the yen
That means higher local yields and one simple consequence:
Money comes back home
Japan holds over $1T in US Treasuries
If even a fraction gets sold, it drains liquidity from global markets fast
Second – oil shock
The US-Iran situation is getting more aggressive, and there are growing expectations of a larger military phase
If this drags on, the biggest risk is Hormuz
Oil is already up 25%+, and any disruption pushes it further
That feeds inflation while slowing growth at the same time
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