TD Securities' McCormick on BOJ Governor Pick, Yen

The video discusses the exit from the DOJ's extraordinary policy, focusing on inflation trends in Japan and the implications for policy normalization. It analyzes market reactions, particularly the dollar-yen dynamics, and the BOJ's policy pivot. The impact on bond markets and treasuries is explored, with a focus on the ECB's potential hawkish stance. The video concludes with a discussion on US inflation expectations and their impact on the dollar, highlighting the potential for a weaker dollar and benefits for emerging markets.

What are the implications of the DOJ's extraordinary policy on market timing and future moves?

How does inflation in Japan compare to other countries, and what are the underlying fundamentals?

What challenges does the Bank of Japan face in maintaining yield curve control?

What factors are influencing the current trading of the dollar against the yen?

In what ways could a weaker yen impact the Bank of Japan's policy decisions?

What is the expected impact of the upcoming US inflation report on the dollar?

How should investors position themselves in response to potential disinflationary trends?