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Currency Chaos: The Stock Market Plunge from Japan's Yen Carry Trade
Elevate Insights
August 12, 2024
Happy Monday everyone! The Stock Market took quite a beating for several reasons, but most people are pointing toward Japan’s yen carry trade. More on this later in the Weekly Topic
Joy (2015)
In other news, Google lost its antitrust lawsuit concerning its search engine monopoly. JP Morgan increases the US recession probability to 35% by year-end. Ark Invests, Cathie Wood invests $28 million in struggling tech stocks.
⤵️ In this week’s insight:
Weekly Highlights
Understand these 4 key concepts for a happier life | Arthur Brooks
Digital Tool of the Week
A tool to help with Google Ads
Weekly Topic
Currency Chaos: The Stock Market Plunge
🗣 Quote of the Week
"Setting goals is the first step in turning the invisible into the visible.”
🔎 Weekly Highlights
This week’s highlight is from Arthur Brooks
Summary
Happiness is a deep-rooted state influenced by the quality of relationships and meaningful experiences.
Well-being comprises enjoyment, satisfaction, and meaning, deriving from cognitive processes, overcoming obstacles, and aligning with coherence and purpose.
Nurturing relationships, embracing purpose through service to others, and acknowledging merit are essential for a journey towards lasting happiness.
💸Assets & Commodities
Minor Change: Previously it only showed market close but I have changed it to show the year-to-date (YTD) data.
📬 Weekly Trivia
The Simpsons - How the Test Was Won [S20E11]
Q. Which American entrepreneur is known for saying, "The customer is always right, in matters of taste."?
The trivia answer is at the bottom of this week’s insight
🔗 Elevate Sphere
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ITS FINALLY OUT
