Casino Royale, with love from Las Vegas, from trade war to currency war [Aoki Mori]

Midoruki Aki profile

Economist. Affiliated with a think tank (United States). Specializes in exchange rate policy, monetary policy, macroeconomic policy, and financial regulation. Interacts with market participants, financial authorities, and policymakers, and analyzes exchange rate trends from multiple perspectives.

※This article is a reprint and revised edition of an article from FX攻略.com, October 2018 issue. Please note that the market information written in the main text may differ from current market conditions.

In the sweltering heat, I drove through the cactus country of Arizona, where rattlesnakes and scorpions seem to abound. The purpose was a trip to the Grand Canyon upon an invitation from a student living in Phoenix. The journey turned into a comic misadventure. When I tried to refuel, gas stations appeared to be nowhere... It sounds like a movie, but finally finding a gas station, I could not refuel due to a fire, and the fuel gauge became a source of tension as I embarked on a thrilling journey to a neighboring town more than 60 miles away.

Now, you may have heard that Japan is also extremely hot, but the hot desert winds of Arizona are even more intense. As a result, I completely burned my throat. Local people told me that Arizona has good weather from November to April (so I decided I would travel only during that time from now on). If any readers are planning a trip to Arizona, I would highly recommend that season. Additionally, please remember that大量 of bottled water is essential.

By the way, because a student wanted to gamble in Las Vegas, I accompanied them. At that time, the student said they wanted to bet a little more and continued gambling (If you want to enjoy casinos, go ahead and do as you please. But don’t get swallowed by it!). Therefore, I want to shift the focus from usual style to an analysis of investor psychology while touching on the tensions between the U.S. and China economy.