Blog
Case studies, explainers, and theory. Understand before you act.
Case Study
August 2024: how The Glitch would have seen it coming
On August 5, 2024, the Nikkei fell 12% in a single session. The yen carry trade unwind had been telegraphed for weeks — if you knew where to look.
Explainer
What is the yen carry trade
The most crowded trade in global finance — and why when it breaks, everything breaks.
Theory
The Yen Glitch — full methodology