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Odd Lots — Volatility Suppression Turned The Entire Economy Into One Big Carry Trade
Not scored yet42m·2020-10-01·Money

Volatility Suppression Turned The Entire Economy Into One Big Carry Trade

Odd Lots

In a carry trade, an investor borrows money cheaply to buy an asset that yields more. As long as nothing changes overall, the investors get to pocket the spread. In our latest episode, our guests argue that more and more aspects of the economy resemble this trade, and that the culprit is the policymaker suppression of…

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