Quote:
Originally Posted by John Kicklighter
Well, wouldn't you try to find the bargain? If everyone seems to be suffering, it makes sense that the currency with the best potential for returns (the US dollar just turned off a recent record low on a trade weighted basis) is the one that everyone would buy.
|
I should have seen this coming, to be sure. The recession is rippling now into a second wave -- attention is now on the other two major economies, Europe and Japan. Tipped the cart, so the speak.
I am wondering if the carrytrade is longer term looking at a decline in interest if interest rates are going go flat or even decline some. What do you think?
