The imminent devaluation of the Yen and its impact on your portfolio
Mapping the risks for cross boarder flows and the global risk curve
The imminent devaluation of the Yen and its impact on your portfolio
Most investors still think of “yen risk” as an FX sideshow. It isn’t. When a core funding currency of the system moves, it reshapes the entire global risk curve: who can lever, what counts as safe collateral, and how quickly liquidity vanishes when everyone scrambles for the exit. In this video, I walk through why the yen is set up for a potential devaluation and how that kind of shift transmits into your portfolio even if you never trade a single FX pair.
If you want to go deeper into the bigger‑picture macro forces behind this, I’ve added the full recording of yesterday’s livestream plus the slide deck. That session walks through the broader regime, credit cycle dynamics, and global liquidity backdrop that sit behind the yen story and link it to the rest of your portfolio.
If you’re an active risk taker and want the full mechanics rather than the 30,000‑foot story, read the previous macro report I wrote on this setup. It walks through the plumbing: how funding, balance sheets, and the credit cycle interact with a potential yen devaluation, and what that implies for sizing, hedging, and where you sit on the global risk curve. If you’re putting real capital at risk, that’s the piece you should study.
The information on this website/Substack is for information purposes only. It is believed to be reliable, but Capital Flows does not warrant its completeness or accuracy. The information on the website/Substack is not intended as an offer or solicitation for the purchase of stock or any financial instrument. The information and materials contained in these pages and the terms, conditions and descriptions that appear, are subject to change without notice. Unauthorized use of Capital Flows websites and systems including but not limited to data scraping, unauthorized entry into Capital Flows systems, misuse of passwords, or misuse of any information posted on a site is strictly prohibited. Your eligibility for particular services is subject to final determination by Capital Flows and/or its affiliates. Investment services are not bank deposits or insured by the FDIC or other entity and are subject to investment risks, including possible loss of principal amount invested. Your use of any information which is proprietary to Capital Flows or a third-party information provider shall only be used on individual devices without any right to redistribute, upload, export, copy, or otherwise transfer the information to any centralized interdepartmental or shared device, directory, database or other repository nor to otherwise make it available to any other entity/person/third party, without the prior written consent of Capital Flows.
Thank you so much for your insights on silver and gold … it seams to go still up .. last week it was 75💲has such a melt-up ever happened before??? It seems unreal 😳 the long expectations I understand but the short term draw-ups are really crazy
Great stuff my friend