THE RISE OF CARRY
Why have markets risen and crashed so spectacularly over the past 25 years? Why does the US stock market keep outpacing the growth of the economy? Why are companies obsessively buying their own stocks? And why do traders take every utterance by central banks as the word of God?
The answers lie in the rise of carry trading – and this groundbreaking book connects all the dots, so you can protect yourself from the next financial meltdown.