Fund@mental Weekly Review (EN)- Nov 23rd, 2025

Title: NVDA Turns Banker, Junk Bond Panic, and The Yen Carry Trade Unwind | Fund@mental Weekly ReviewDescription: In this episode of Fund@mental Weekly Review, we distill critical insights from myfundamental.net. We cover the paradox of record S&P 500 earnings with estimated real GDP growth of only 0.1% without hyperscaler spending. We analyze the systemic risk of NVDA financing its own sales (inventory +96%) and the increasing tension in the junk bond market, where CCC bond spreads have sunk below April lows. The global focus is the Yen Carry Trade Unwind, with trillions at stake and potential US Treasury sales by the Bank of Japan. We close with the new San Francisco Fed framework that allows the Fed to argue tariffs are deflationary to justify rate cuts. This is your source for daily, data-driven financial analysis to understand the future of global investment. Discover more at myfundamental.net/insights!