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Debunking carry-trade denial
In the last few weeks a host of different banks have stepped forward to question both the depth and degree of the current dollar carry trade. Among them have been Goldman Sachs, UBS and Barclays Capital – all claiming the risks of executing speculative dollar-funded carry trades still outweigh the potential returns, meaning the trade isn’t half as popular as the market is making out, nor is it contributing to any such thing as a global asset bubble.
Submitted by
tschuma417
11/25/2009
play it
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tschuma417
11/25/2009
tschuma417 is playing it
Just adding a headline to see how others would play it.
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