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EssentialDaily Briefing

Are the Bank of Japan and Netflix Disasters in Progress?

Featuring Darius Dale and Weston Nakamura

April 20 at 8:00PM • 37 minutes

Essential

Daily Briefing

Are the Bank of Japan and Netflix Disasters in Progress?

The Japanese yen hit a two-decade low, and Netflix is bleeding subscribers.

138

14

Featuring Darius Dale and Weston Nakamura

April 20 at 8:00PM • 37 minutes

Is the Bank of Japan brewing up a Netflix-blockbuster-level disaster with its dogged adherence to “yield curve control”? Is Netflix itself a blockbuster-level disaster with its declining subscriber numbers? The U.S. dollar hit a 20-year high against the Japanese yen, as the Bank of Japan announced it would buy an unlimited amount of fixed-rate 10-year Japanese government bonds at 0.25% from April 21 through April 26. And shares of the pandemic-era stock market darling plunged 37% today after management reported a 200,000 decline in paying customers during its most recent quarter. The BoJ is desperate to hold interest rates down as other global central banks push for tighter monetary conditions. Netflix is desperate to boost revenue growth; it’ll crack down on password-sharing and consider a lower-priced ad-supported tier. Darius Dale, founder and CEO of 42 Macro, joins Real Vision’s Weston Nakamura to talk about Japan, Netflix, and markets in general on today’s Daily Briefing. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3vwOfG3

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Real Vision's Daily Briefing provides a macro context for the day's market action, Monday through Friday, live at 4:00 p.m. ET. Our hosts talk with traders, quants, investors, and analysts with skin in the game. These experts include Tony Greer, Katie Stockton, Jim Bianco, Jared Dillian, Thomas Thornton, and our own Raoul Pal. In just 30 minutes, you'll get the world's smartest analysis of global markets and the important macro trends driving them.

More Episodes

Real Vision's Daily Briefing provides a macro context for the day's market action, Monday through Friday, live at 4:00 p.m. ET. Our hosts talk with traders, quants, investors, and analysts with skin in the game. These experts include Tony Greer, Katie Stockton, Jim Bianco, Jared Dillian, Thomas Thornton, and our own Raoul Pal. In just 30 minutes, you'll get the world's smartest analysis of global markets and the important macro trends driving them.

More Episodes

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