It's almost like I've become an exchange rate alarm.
I was bored, so yesterday I had a heated discussion with Claude about the exchange rate outlook. The result is as follows.
I have attached a detailed report as a pdf file.
To be honest, I was trying to figure out the yen outlook because I wanted to go on a trip to Japan and the yen is cheap... haha
Anyway, it seems that there is strong downward pressure. Whether it's the dollar or the yen, Korea has become the pool of money in the global AI market right now.
Moreover, I have a feeling that good news about Apple will come soon. Rumors say that due to memory shortages, Apple's new products are not being packaged at TSMC because they can't fit the memory, and this is why the usual September new product launch is delayed.
The more Apple gets into trouble, the higher the memory price is likely to go. Apple is a big buyer of memory. In the past, when there were no memory shortages, it was a weapon for price beating, but now it has become its biggest weakness. It needs a huge amount.
It's a bit awkward to end abruptly, so I'll finish with my usual words.
May your tonight be peaceful and may our investments receive a fair evaluation in the future.
