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…