The tweet was deleted by the author.
But we saved everything 🙂.
Michael A. Gayed suggests that forcing a severe short squeeze in the yen could lead to a reversal of the carry trade.
He further indicates that under such conditions, U.S. Treasuries may stand as the main safe-haven asset, highlighting a possible return to genuine risk-off market behavior.
Gayed has previously commented on shifts in market sentiment, noting when the S&P 500 fell 1.25% as the VIX surged over 12%. He has also compared market figures to high-profile investors, stating that Jeremy Grantham and Michael Burry have achieved more success than their critics. These observations frame his ongoing commentary on risk-off behavior and safe-haven allocations.