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Edward Dowd, founding partner at OceanSquare Asset Mgmt and former BlackRock executive, highlights that the Japanese yen has depreciated to its weakest level since 1986, raising market concerns over potential intervention by authorities.
The drop in the yen keeps the risk of currency intervention in focus among investors and policy makers.
Dowd recently noted that China’s retail sales declined in May for the first time in over three years. He has also commented on AI firm Anthropic’s decision not to share financial details with debt financiers during funding negotiations. These earlier reports reflect Dowd’s focus on shifting trends in major economies and key companies.