
Good Morning. The Bank of Japan started its rate-rising cycle and announced a slowdown in buying bonds. The yen jumped, and Japanese banks are loving it. And in another sigh of relief: Meta’s earnings were just fine. Revenue rose 22 per cent. If we can get past Apple and Amazon tomorrow without an accident, the ageing bull market will be clear to run a bit further. What risks are we missing? Email us: robert.armstrong@ft.com & aiden.reiter@ft.com.
早上好。日本银行开始其加息周期,并宣布减缓购买债券的步伐。日元应声上涨,日本各大银行对此感到欣喜。另一个令人松一口气的好消息:Meta的财报表现不错,收入增长了22%。如果我们能安全度过明天的苹果(Apple)和亚马逊(Amazon)的挑战,这个老牛市还能再向前跑一段时间。我们有没有忽略什么风险?请通过电子邮件联系我们:robert.armstrong@ft.com & aiden.reiter@ft.com。