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monday madness, page-57

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    29/07/07
    13:23
    Post #: 2663971
    Mate, unwinding of the carry trade is BAD for all investments.

    Don't forget - the yen was bought to PAY for equities. Without the carry trade, equities will get SOLD OFF as the Yen becomes less attractive for borrowing.

    ie: Unwinding of the Yen carry trade = reduced liquidity.
    XJO Value at posting: 0.00
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    lightbulb Created with Sketch.  Great analysis
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