Daily Alpha · YouTube
· Post-Market Alpha · by Buzzberg Research
Who was talking 10 videos · 8 channels
Japan Treasury/BOJ
1 video · 1h 06mJapan's reserves fell a record $79.6B in August with ~$88B foreign securities sold; BOJ hike to 1.25% priced and JGBs near 3% keeps UST supply and carry unwind in focus.
BOJ rate hike expectations and JGB yields rising
The speaker notes that the market is pricing a BOJ rate hike to 1.25% at the September 17 meeting, with 10-year JGB yields near 3% for the first time in ~30 years. He argues the current 1% policy rate is inadequate given inflation above 3%.
Korea equity
1 video · 36mKOSPI rebound led by Samsung and SK hynix breakouts with foreign and institutional buying absorbing 8.4T won of retail selling; KOSPI preferred over KOSDAQ.
KOSPI rebound led by semiconductors, foreign inflows absorbing retail selling
Lee Jae-gyu notes a strong KOSPI rebound driven by semiconductors, with foreign and institutional buying absorbing heavy retail selling (8.4 trillion won). He argues this is a positive supply-demand dynamic and suggests investors with low equity exposure should increase it.
French fiscal policy
1 video · 23mNational Rally's Bardella proposes €125B spending cuts, elimination of production taxes and constitutional golden rule, while rejecting tax increases.
National Rally proposes €125bn spending cuts and constitutional golden rule
Jordan Bardella, president of France's National Rally, promises a plan of €125 billion in cuts to inefficient public spending and a constitutional golden rule to prevent budget deficits, aiming to reassure investors and stabilize French assets.