My father-in-law is 88 years old and doing well.
He says he could live to be 100.
My wife says "do you think you can live that long?!" OMG.
I feel foreign investors have been taking positions based on the same idea.
Long the banking sector, short the TOPIX.
you have had time to make positions for five days since 1/5.
JGB yields have broken the BOJ's guideline, making a spike in long-term interest rates more realistic. I booked profits, but see this as a long story.
Performance of Bank ETFs and TOPIX
It looks like I may be able to remove hedged futures positions in case of a further downturn. I will lighten the delta hedge.
Return spread between the fund and the Mothers Index, Fund/Index
Dollar movement left: 1 day, right: 1 month
I realized profits from USD hedging. I thought USD was settling down, but with JGB yields rising and US long-term rates falling, USD collapsed.
I could have left the hedge without removing it, but I'm glad I did take off.
I could short USD again.
I want to avoid the situation where I had the intention to hedge but couldn't.
Take a minimum position first and then do more with a careful amount.
Low labour productivity in Japan