fareastwarriors Posted June 26 Share Posted June 26 Anyone long JPY ? 38 yr low vs US$ Who's contrarian? Link to comment Share on other sites More sharing options...
brobro777 Posted June 26 Share Posted June 26 1 hour ago, fareastwarriors said: Anyone long JPY ? 38 yr low vs US$ Who's contrarian? Not me bro, 160 now and it seems like it can keep going to 200 Yen to USD I don't see Japan raising rates and Fed doesn't look like it's cutting Link to comment Share on other sites More sharing options...
fareastwarriors Posted June 26 Share Posted June 26 31 minutes ago, brobro777 said: Not me bro, 160 now and it seems like it can keep going to 200 Yen to USD I don't see Japan raising rates and Fed doesn't look like it's cutting Me either, not my style. Just drawing some attention to it. Though I am planning a trip to Japan . Link to comment Share on other sites More sharing options...
brobro777 Posted June 26 Share Posted June 26 4 minutes ago, fareastwarriors said: Me either, not my style. Just drawing some attention to it. Though I am planning a trip to Japan . Haha cool man have fun, strong USD seems awesome for a trip https://www.japantimes.co.jp/business/2024/05/01/weak-yen-boosts-tourist-wallets/ I figure these multi decade new moves tend to keep running and running Link to comment Share on other sites More sharing options...
ArminvanBuyout Posted June 26 Share Posted June 26 Imagine trying to raise when Debt to GDP is 250%... Link to comment Share on other sites More sharing options...
brobro777 Posted June 26 Share Posted June 26 16 minutes ago, ArminvanBuyout said: Imagine trying to raise when Debt to GDP is 250%... Oh yea and their exporters gotta love the weak currency So I figure in their position, why not let it run to 200 or 250? Bring back the 70s! Link to comment Share on other sites More sharing options...
LC Posted June 26 Share Posted June 26 I have a small Japanese stock basket that I bought on JPY margin - effectively short the yen. It is in no way intended as a currency trade, but I do agree with @brobro777 Link to comment Share on other sites More sharing options...
brobro777 Posted June 27 Share Posted June 27 I feel bad for the ordinary Japanese citizens who are getting screwed by the weak currency/inflation but who can endure pain for years without complaining, if not the Japanese? Americans? Haha Link to comment Share on other sites More sharing options...
rogermunibond Posted June 27 Share Posted June 27 Japanese are complaining quite loudly about the wave of gaijin tourists. Link to comment Share on other sites More sharing options...
backtothebeach Posted June 28 Share Posted June 28 23 hours ago, rogermunibond said: Japanese are complaining quite loudly about the wave of gaijin tourists. Mostly in Kyoto I suppose? Luckily I already saw Kyoto in the mid 90s, tourism was still reasonable at the time. Link to comment Share on other sites More sharing options...
Eldad Posted June 28 Share Posted June 28 Is there any evidence that Japanese conglomerates are actually doing these break ups or ever will? Kind of hard for me to imagine their culture embracing this. Link to comment Share on other sites More sharing options...
Gamecock-YT Posted June 28 Share Posted June 28 (edited) 2 hours ago, backtothebeach said: Mostly in Kyoto I suppose? Luckily I already saw Kyoto in the mid 90s, tourism was still reasonable at the time. Kyoto is the epicenter, but it's country-wide. Instagrammers started blocking traffic in front of a Lawson's that had a view of Mount Fuji above it, it got to be so bad the local town put a screen up to run the tourists off. Now they're finding holes in the screen. There's now even been a push to start charging foreigners more for goods and services and at attractions. https://www3.nhk.or.jp/nhkworld/en/news/20240624_19/ I went for the Sakura in spring of 2023 and it was a complete zoo. Ruined the experience. If I was going back I'd get off the traditional tourist track and spend more time in Hokkaido and Kyushu. Edited June 28 by Gamecock-YT Link to comment Share on other sites More sharing options...
Paarslaars Posted June 28 Share Posted June 28 I backpacked through Japan in '13, was great back then... No issues with tourists. Link to comment Share on other sites More sharing options...
brobro777 Posted June 28 Share Posted June 28 I've never traveled in Japan but I heard from people who went there that it's no problem if you respect their rules - and bonus if you make an honest effort to communicate in Japanese Oh man if Yen 200 hits maybe I should go there purely cuz of currency Link to comment Share on other sites More sharing options...
dealraker Posted August 19 Share Posted August 19 Anyone up for sharing sound idea for Japan index ETF? Link to comment Share on other sites More sharing options...
gfp Posted August 19 Share Posted August 19 4 minutes ago, dealraker said: Anyone up for sharing sound idea for Japan index ETF? Do you have a view on whether you want Yen hedged or not? They make 'em in both flavors Link to comment Share on other sites More sharing options...
dealraker Posted August 19 Share Posted August 19 18 minutes ago, gfp said: Do you have a view on whether you want Yen hedged or not? They make 'em in both flavors gfp can you do both? Link to comment Share on other sites More sharing options...
dealraker Posted August 19 Share Posted August 19 Just now, dealraker said: gfp can you do both? And your opinion of both ways at present? Link to comment Share on other sites More sharing options...
gfp Posted August 19 Share Posted August 19 (edited) You can certainly buy some of one type and some of the other... I have no view on whether it will be beneficial to hedge the JPY going forward. I'm going to be in Japan in September and October so maybe I will come back with a view on that. There has been quite some volatility in the JPY recently! Warren has it worked out pretty well. He's majority hedged from JPY weakness and his major investments in Japan earn a lot of their income in US dollar type of international activities. You can sort of see the differences in how the two types of ETF (hedged and unhedged) performed differently at different phases of the JPY-weakness and JPY-strength/unwind/freak-out Edited August 19 by gfp Link to comment Share on other sites More sharing options...
UK Posted October 2 Share Posted October 2 https://www.bloomberg.com/news/articles/2024-10-01/japan-s-4-trillion-carry-trade-begins-to-slowly-unwind Link to comment Share on other sites More sharing options...
Stuart D Posted November 9 Share Posted November 9 Heard a pitch on Subaru. Trading below cash. Mid single digit PE. Shareholder returns 30-50% of income, split between dividends and buybacks. Link to comment Share on other sites More sharing options...
Spekulatius Posted November 9 Share Posted November 9 1 hour ago, Stuart D said: Heard a pitch on Subaru. Trading below cash. Mid single digit PE. Shareholder returns 30-50% of income, split between dividends and buybacks. Yeah, it was in the Value after hour podcast. I think it’s a good one. Toyota owns a piece of it already and they collaborate on an all the hybrids power trains. They may decide to take them out. Link to comment Share on other sites More sharing options...
Stuart D Posted November 9 Share Posted November 9 (edited) 30 minutes ago, Spekulatius said: Yeah, it was in the Value after hour podcast. I think it’s a good one. Toyota owns a piece of it already and they collaborate on an all the hybrids power trains. They may decide to take them out. Yep! Value after hours is where I heard it - great podcast Edited November 9 by Stuart D Link to comment Share on other sites More sharing options...
Lazarus Posted November 11 Share Posted November 11 The subaru car itself is a fantastic product. Link to comment Share on other sites More sharing options...
Spekulatius Posted Sunday at 08:06 PM Share Posted Sunday at 08:06 PM That could hurt: https://www.shikokubank.co.jp/profile/seiyaku.html Link to comment Share on other sites More sharing options...
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