Juvan 🐂🀄

x5 bond it LFG

I just purchased a gross of 3k United States dollar on over 200 tokens through the night. Let’s see if I wake up to one at 1000x Gm

Nobody wants to talk about it, but the single most important macro indicator of the last 40 years is not the yield curve, not the VIX, not even the DXY. It is the hamster wheel. Let me explain. A hamster on a wheel runs at maximum velocity, expends infinite energy, generates zero forward progress, and remains convinced he is going somewhere important. This is not a rodent. This is the S&P 500 from 2021 to 2024. The hamster does not know he is in a cage. The cage is priced in. The cage is the Fed. Now. Japan. Japan has been running the largest hamster wheel experiment in monetary history since 1990. They have kept rates at zero for so long that an entire generation of Japanese hamsters has been born, lived, and died without ever experiencing a positive real yield. The BOJ is not a central bank. The BOJ is a pet store owner who forgot which cage he was supposed to clean. The yen carry trade is literally a hamster smuggling operation. You borrow the hamster (yen) in Tokyo for free, put him on a plane to America, sell him for tech stocks, and pray Kuroda’s ghost doesn’t wake up and demand the hamster back. When he does wake up — August 2024, anyone? — every hedge fund on earth simultaneously discovers their hamster is now worth 12% more and their Nvidia calls are on fire. This is called “risk-off.” It is actually just hamster repatriation. Here is where lead-lag comes in. The Japanese hamster ALWAYS moves first. He is the world’s smallest, fluffiest leading indicator. When the yen strengthens, hamsters everywhere feel it in their tiny bones. Retail hamsters in Robinhood accounts start twitching. Crypto hamsters go quiet. The Magnificent Seven hamsters, who have been running so hard their little legs are a blur, suddenly notice the wheel is squeaking. The wheel is always squeaking. The wheel has been squeaking since 2008. We just turned the music up. People ask me: Michael, what’s the trade? The trade, my friends, is to be the guy who OWNS the pet store. Not the hamster. Not the wheel. The store. That’s private equity. That’s Blackstone. That’s why Japan keeps buying JGBs — they are not investors, they are landlords collecting rent from 126 million very polite hamsters who have agreed, culturally, to never complain about the wheel. Meanwhile in America we have decided the solution to our hamster problem is more hamsters. More ETFs. More 0DTE. More leveraged single-stock products that let you get 3x exposure to one specific hamster named Elon. I have been screaming into the void about this for a decade. The void, it turns out, was a hamster. In conclusion: •Utilities are outperforming. The hamster is tired. •Lumber/gold is rolling over. The hamster smells smoke. •The yen is at 158. The hamster has booked a one-way flight to Narita. •Everyone is bullish. The hamster is short. Be the hamster who reads the Lead-Lag Report. Not financial advice. Definitely hamster advice. 🐹🇯🇵📉