Japanese rate hike confirmed
Yesterday, during the livestream, many friends were worried about Japan’s rate hike, citing the June view:
Among Japan’s seven interest-rate hikes since 2000, the median performance of the S&P 500 one month later is +0.1%, but one year later the median performance of the S&P 500 is +10.7%. It’s only some short-term volatility—whether in the short term or the long term, it still goes up.
The news can’t change the trend. Japan can’t affect the US stock market, and it also can’t affect crypto. If it’s going up, it will keep going up.
Yesterday, during the livestream, many friends were worried about Japan’s rate hike, citing the June view:
Among Japan’s seven interest-rate hikes since 2000, the median performance of the S&P 500 one month later is +0.1%, but one year later the median performance of the S&P 500 is +10.7%. It’s only some short-term volatility—whether in the short term or the long term, it still goes up.
The news can’t change the trend. Japan can’t affect the US stock market, and it also can’t affect crypto. If it’s going up, it will keep going up.
