A popular trading strategy just blew up in investors’ faces

[Forexer Guru]

Sometimes, markets tumble because of a big, unambiguous event, like a pandemic or a war or an economic slowdown. Sometimes, they fall because of less visible forces, like high-level financial shenanigans designed to generate profits out of thin air.

Read the story here.

https://edition.cnn.com/2024/08/07/...ex.html?iid=cnn_buildContentRecirc_end_recirc

 

[newwurldmn]

There’s a famous quote that goes something like: you aren’t a trader until you lose money on the yen.

 

[S2007S]

The carry trade has been going on for quite some time. It was the same thing some years back that was propping up markets then.......always a trick up wallstreets sleeve to prop stocks up.
I'm sure after the big fall they will prop it up even higher because that's the only way to keep stocks up is by giving them the old prop job.

 

[TheDawn]

Sometimes, markets tumble because of a big, unambiguous event, like a pandemic or a war or an economic slowdown. Sometimes, they fall because of less visible forces, like high-level financial shenanigans designed to generate profits out of thin air.

Read the story here.

https://edition.cnn.com/2024/08/07/...ex.html?iid=cnn_buildContentRecirc_end_recirc

Nah don't worry. Once the stock market starts falling in Japan, Japan is going to lower interest rates in no time and back to low borrowing cost we go!

 

[traider]

Don't pull out too late, still the gains so far make the strategy worthwhile

 

[SunTrader]

A popular trading strategy just blew up in investors’ faces

What's wrong with this headline hint hint?

 

[Slow Learning Elf]

There’s a famous quote that goes something like: you aren’t a trader until you lose money on the yen.

A senior trader name Larry
Liked to collect lots of carry
He was rolling short some yen
And got recently canned
But found a new job in a hurry

 

[Slow Learning Elf]

Don't pull out too late

These words of wisdom cover so many things besides trading

 

[traider]

These words of wisdom cover so many things besides trading

That's what she said!

 

[nitrene]

A senior trader name Larry
Liked to collect lots of carry
He was rolling short some yen
And got recently canned
But found a new job in a hurry

Sing it over the instrumental of Straight Outta Compton (1989).