u/unconventionalbook ·
Reddit — r/stocks
· September 09, 2026 at 13:08
· ⬆ 28 pts
· 💬 8 comments
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AI Summary
{"summary": "Author relays Bessent's 'I am the house now' comment on yen shorts and speculates about effects on tech holdings, but offers no clear directional thesis.", "reason": "no_investment_thesis", "ideas": [], "model": "deepseek-v4-flash"}
Score28
Comments8
Upvote %94%
▶ Full Post Text
The Treasury Secretary told everyone he's using insider info to squeeze the shorts.
Bessent said, "People think I'm taking a risk as Treasury Secretary, but this is exactly what I wanted. I've got inside info. I'm the house now."
Big deal if you're holding tech stocks (Nvidia, Apple, Microsoft)
He’s running the Treasury like a hedge fund to stop the yen carry trade from blowing up again.
Last time that happened, tech took a massive hit because funds had to dump everything to cover margin calls. He's trying to scare the market into staying quiet before Japan changes interest rates on September 18. Is this actually going to save our portfolios from another random dump?
Or is the government just messing with the market and creating more risk?
Source: [Bloomberg](https://www.bloomberg.com/news/videos/2026-09-09/bessent-tells-yen-traders-i-am-the-house-now-video)