The Japanese Carry Trade Is Moving Your Portfolio Right Now

The S&P is hitting all-time highs, but the buying pressure fueling this market has almost nothing to do with fundamentals — and everything to do with a trade most retail investors have never heard of. Andy Tanner, Corey Halliday, and Noah Davidson break down the Japanese carry trade, why Japan selling U.S. Treasuries is quietly reshaping global markets, and how a hedge fund turned $1 billion into $45 billion — then lost it all — because of leverage, not bad picks. You'll hear why the AI memory stocks that led this rally probably won't lead the next one, how to use extreme volatility events to sell LEAP options for outsized premiums, and why volatility always mean reverts — even when you don't know when. There's always a trade to be had. The question is whether you know how to find it.