Anyone worried the rising yen and inevitable unwinding of carry trade will create an even more disastrous cycle of selling in the markets? Was there any such leveraging of currencies leading up to 1929? I’ve yet to see any recent headlines on this.
ncc, I don’t know about 1929, but I am using the yen to hedge my stock portfolio. In other words, I am assuming that the stock market going down and the yen going up are likely to occur roughly together.
ncc, I don’t know about 1929, but I am using the yen to hedge my stock portfolio. In other words, I am assuming that the stock market going down and the yen going up are likely to occur roughly together.
ncc, I don’t know about 1929, but I am using the yen to hedge my stock portfolio. In other words, I am assuming that the stock market going down and the yen going up are likely to occur roughly together.
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