$BTR Last time this YEN intervention started,
$RESOLV it triggered a massive rally in the US stock market.$AXS
From 1985 to 1987:
- S&P 500 pumped 90%
- Nasdaq pumped 63%
Stocks rallied because the dollar was falling and liquidity was expanding.
The crash only came later, in October 1987, due to automated program trading and portfolio insurance.
