This podcast episode delves into the significant impact of the yen carry trade's unwinding on global market volatility while also offering an alternative perspective on Olympic performances by examining medal counts relative to population size. As the Japanese central bank raises interest rates, the previously attractive carry trade is losing its appeal, prompting investors to divest in a tumultuous market environment. Alongside this financial narrative, the episode celebrates the impressive achievements of smaller nations in the Olympics, emphasizing how their successes can reshape our understanding of athletic performance on a global scale.
