Toyota Motors Stock: Take Advantage Of The Japan Crash
Toyota(TM) Seeking Alpha·2024-08-09 03:09
rep0rter My favorite auto company and a flash crash Data by YCharts One of the largest TOPIX core 30 components and possibly the most ubiquitous Japanese stocks, Toyota Motors (TM) has been brought down into the drudges along with the Japanese "carry trade." My basic understanding of the trade is that hedge funds borrowed at near zero in Yen and used the proceeds to buy Japanese stocks and other assets around the world. As variable rates start to increase along with the appreciation of the yen, the repa ...