Dollar Carry Trade Unwinds Triggering a Global Sell-Off #economy

Transcript

First of all, let's be clear on what a carry trade is. That's borrowing at a lower interest rate level and then taking that fiat money and putting it into a higher yielding investment. So, the Japan carry trade, you might recall, was the big carry trade because they've been in a deflationary spiral with negative interest rates and either non-existe... Read More