ilmscore | Prediction Details
"all that happened was the bank of Japan unexpectedly raised interest rates for the first time in 17 years and just a small increase of 0.25% of the key interest rate was enough to scare investors and force their liquidations when interest rates go from negative to positive really bad things could happen to the market in fact the same thing happened to Europe in July July of 2022 that's when the European Central Bank the ECB started to raise rates for the first time in 11 years and watch what happens to the Vanguard international Market ETF ticker symbol vxus right around that same time frame the market corrected 15% between the end of July to Mid October and some of that can be attributed to the unwinding of their carry trade thanks to Europe ending its negative interest rate policy"
By Andrei Jikh | August 19, 2024 | Pending
From video
The Japan Bubble: How One Country Is Holding Up The Entire World 00:10:05 - 00:10:55
Interpreted Prediction
A small 0.25% interest rate hike by the Bank of Japan, its first in 17 years, scared investors and triggered liquidations, mirroring a 15% market correction in the Vanguard International Market ETF (VXUS) following the ECB's rate hikes in July 2022.

Prediction Details

Topic
Bank of Japan Interest Rate Hike and Market Correction

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