A Progressive Blog: Examining the American post-industrial dystopia and its new Proto-Fascist Politics. Wit, wisdom and shameless pontificating from the Internet's best and longest running Political and Economic Blog. Always fresh 24.7.365. Bookmark this Page now....and come back daily. Always on the cutting edge of editorial and market opinion since 1999. And your best portal into the Blogosphere...
Monday, August 20, 2007
BETTING AGAINST THE CARRY TRADE...
I'D BET THAT A FEW HEDGIES ARE GOING LONG THE YEN...AND SHORT THE DOLLAR ABOUT NOW...
THE CARRY TRADE UNWINDING SEEMS TO BE A MACROECONOMIC NO BRAINER.
