ppl not understanding why sk president has to step in not knowing the korean football association is basically a cartel of corrupted old geezers & hong myungbo should have never been hired again in the first place…
Here are the factors that Hong Myung-bo fumbled For South Korea in the 2026 FIFA World Cup
1. South Korea had the easiest group in the entire World Cup.
2. He had generational talents like Son Heung-min, Lee Kang-in, and Kim Min-jae.
3. There were no major injuries to most of the key players.
4. South Korea had some of the shortest travel distances compared to other top contenders.
5. Mexico and South Africa were missing key players.
6. The rules were lenient, with third-place teams still able to advance to the Round of 32.
Furthermore, this World Cup was practically scripted in South Korea’s favor.
They had a home-field advantage in Mexico because Mexicans and Koreans have a long-lasting relationship. The Round of 32 was also going to be in Los Angeles, which has the highest Korean population in the United States.
And yet, Hong Myung-bo still threw it all away against South Africa.
All of this alone should not only get Hong Myung-bo fired, but also force regime change within the entire Korean Football Association.
$NIKKEI hits 72,500.
Never in 77 years of history.
1989 bubble peaked at 38,900.
Japan waited 34 years to beat that.
Then doubled it again.
In two years.
Why now?
US-Iran peace deal signed.
Hormuz reopens.
Oil drops.
Japan imports 90% of its oil.
Cheaper oil = lower inflation.
Lower inflation = BOJ stays calm.
BOJ calm = no rate hike.
No rate hike = yen stays weak.
Weak yen = Japanese exports cheap.
Cheap exports = earnings up.
Plus AI boom sends chip stocks higher.
Japan makes chips.
Every domino falls the right way.
But wait.
This exact setup broke Japan in August 2024.
BOJ hiked just 0.25%.
Yen carry trade unwound.
Nikkei crashed 12% in one day.
Worst single-day drop since 1987.
The carry trade is still live.
Estimated $500B+ borrowed in yen.
Sitting in global risk assets.
BOJ still considering a hike.
Iran deal is fragile.
Trump already threatened to blow it up.
Oil can spike again tomorrow.
So:
Nikkei at record high.
Built on peace deal that almost collapsed today.
Held up by a BOJ that hasn’t decided yet.
Riding a carry trade that unwinds fast.
Uh oh... The Japanese Yen has broken through the 160:1 USD level and is now at 161.5
This is after the Bank of Japan raised rates last week to the highest level in 35 years to defend the currency 😬
As long as the Yen keeps devaluing the Yen carry trade continues, that allows firms to borrow at lower rates in Japan and invest in U.S. assets.
The Yen carry trade unwinds when the Yen begins to appreciate, sparking a selloff in U.S. assets as borrowers rush to convert back to Yen and repay loans.
Is the BoJ about to trigger a flash crash?
The Japanese Yen is pushing up against 160:1 USD again. Expecting a major intervention soon.
Meanwhile the Japanese 10 year yield is about to go vertical to roughly 4% by September 2026.
At that point the parabolic is going so vertical it's technically going backward in time.