# @tastyliveshow on YouTube - **Type:** Video - **Original URL:** https://youtube.com/watch?v=7yY6Ip6AhBk - **Gondola URL:** https://gondola.cc/posts/68869110-tastyliveshow-youtube - **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/2c5ec545b6.jpg - **Posted:** 2026-08-09T15:30:10.000+00:00 - **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow ## Caption On a big up day for stocks, with the S&P pushing new highs but the Nasdaq lagging, Chris Vecchio sits down with Dale Pinkert, marking his 50th year in the industry, for a wide-ranging macro conversation. The spine of it is the bond market: yields keep grinding higher even as equities rally, and Pinkert lays out why he's watching for the 10-year to push above 5% before the move completes. From there the threads connect. He walks through Japanese currency defense and the risk of another carry-trade unwind like the summer of 2024, why he believes intervention marked a major high in the yen, and how an eventual move toward yield curve control could leave the US dollar as, in his words, the sacrificial lamb. He also shares a chart insight from his community, a tight correlation between silver and semiconductors, and why he isn't yet convinced gold and silver have bottomed. These are Pinkert's own views and this is not a recommendation or investment advice. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters: 00:00 A macro veteran joins the show 00:57 New highs with a divergence 03:25 The silver and semis link 04:05 Not yet the bottom in metals 04:22 Why yields aren't getting the memo 05:16 Yen defense and the bond market 06:05 Echoes of the 2024 carry unwind 06:53 Yield curve control and the dollar 07:11 A second mention of yield curve control #tastylive #dalepinkert #macro #yields #yieldcurvecontrol #usdollar #japaneseyen #carrytrade #bonds #forex tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer. ## Stats - **Views:** 2,863 - **Likes:** 67 - **Shares:** 0 - **Comments:** 37 ## Tags tastylive, yieldcurvecontrol, forex, yields, macro, carrytrade, usdollar, japaneseyen, dalepinkert, bonds --- Copyright (c) Gondola