The David Lin Report · Tuesday, July 28, 2026
Peter Grandich highlights Japan's yen at a near four-decade low and expectations of the Bank of Japan raising rates. He suggests Japan will increasingly focus inward to strengthen its economy, potentially impacting global markets and signaling a broader shift away from US dominance.
“Well, the yen is now at the weakest level in almost four decades.”
“And the situation is compounded by the fact that the BOJ is going to continue raising rates, that is the expectation.”
“And part of that is the alienation that the president has given them based on trade policy that he put out certain things and then pulled the rug on them.”
“So Japan and what happens in Japan is going to play a key role, and I think it's a net negative for us and an example.”