Markets recover $600B after BOJ move

- Global markets swung sharply this week—a roughly $350 billion intra‑day wipeout was followed by about a $600 billion recovery after a sudden Bank of Japan yen intervention. (x.com) - The volatility coincided with oil topping $120 a barrel and headline PCE inflation readings shifting toward 4.3% from earlier lower prints. (x.com) - Market veterans warned of concentration and correlation risks that could produce a lost-decade-like environment if earnings don’t justify valuations. (x.com)