The Rise of Carry

"The Rise of Carry" offers a groundbreaking exploration of carry trading's pivotal role in shaping the global economy. This insightful primer delves into the mechanisms of carry trades in currency and stock markets, revealing their influence on economic growth, wealth disparity, and recurring crises. By challenging common perceptions of market dynamics and analyzing the interaction between carry, volatility, and central bank policies, the authors provide essential knowledge to help listeners navigate and protect themselves against financial upheavals.