Japanese market plunge driven by position unwinding around yen trade, says Bleakley's Boockvar

Peter Boockvar, chief investment officer at Bleakley Financial Group, joins CNBC's 'The Exchange' to discuss the latest markets moves in Japan.

[Sanchyfab]

I'm not surprised, but It’s crazy how quickly things can shift in the market.

[skyak]

Negative interest rates are ALWAYS counterproductive.
The comical part is that just a few weeks ago these carry traders were screwing over the Yen intervention. Now, one little interest rate hike is cuttling them off at the knees.

[mortezadelgir]

I thought they were going to jump off the building lol

[cozyslor]

First, this is first time I've seen Kelly and she's not pregnant. Second, I have Kelly as a heavy favorite over Peter in The Octagon. She'd crush him.

[ninyaninjabrifsanovichthes]

No way, they made the Yasuda Crisis from TNO real

[nicholasblakiston]

The crazy thing is a US rate cut may not help US stocks, because it will further weaken the dollar versus the yen and accelerate the carry trade unwind.

[skyak]

BOJ should have warned of rate hike INSTEAD of defending yen value around 160.

[robertmalone]

That’s why people used to hide your money in their homes.

[元秦武都]

Carry trade wouldn't have started hurting Nikkei first, genius.

[GeopoliticsExpert]

This is CCP propaganda. Japan's economy is doing very well

[adamspire]

Low rates is not a sign of cheap or "free" money....

[mcarlkv]

1. letting it crash on purpose 2. anarchy 3. all debt is wiped out globally if you take the chip (mark of the beast) 4. one world monetary system, one world religion...

[Bradgilliswhammyman]

plunge protection team attractive news hostesses and hard faced young men in 1500 dollar wardrobes telling us everything is ok and not to worry.