Book Reviews
2020 Globalization Book of the Year
The Capital Ebbs and Flows blog awards the “Globie” to a book that “is particularly insightful on
American Affairs: A Welcome Addition To The Literature
Renowned economist and author Andrew Smithers on The Rise Of Carry: “…we face a high risk of
Cato Journal: Valuable New Perspective
Columbia University’s Allan Malz on The Rise Of Carry: “Financial systems in which many participants rely predominantly
Wilmott.com: The Fed Becomes a Carry Trader in its Own Right!
The logic of the carry trade is quite enchanting. Cheap funding, an attractive spread and the assumption
Institutional Investor: The World Is One Big Carry Trade
I realized that Tim Lee, the founder at piEconomics, had got it all figured out before he
Risky Finance: A Weapon of Financial Mass Destruction?
This is a very ambitious book, and in places its ambition causes it to overreach. Carry is
EuroFinance: The Dangers of Carry for Corporate Treasurers
Today, we are in the midst of carry bubbles coming undone, with a rush of one-way trades
Bloomberg: Carry On Like Nothing Really Matters. Until It Does.
Carry in financial markets — which is associated with liquidity provision — is a financial manifestation of
Featured Podcasts
Featured Podcasts from the Authors
Hidden Forces Podcast: Episode #153 The Rise of Carry
Hidden Forces host Demetri Kofinas speaks with authors Kevin Coldiron, Jamie Lee, and Tim Lee, as they
Odd Lots Podcast: Volatility Suppression Turned the Entire Economy Into One Big Carry Trade
Odd Lots Podcast hosts Joe Weisenthal and Tracy Alloway talk with the Rise of Carry authors about
Top Traders Unplugged: The Good, The Bad and The Ugly of Carry Traders
Rise of Carry co-author Kevin Coldiron talks with Top Traders Unplugged about where we are in the
A Book With Legs: How The Carry Regime Shapes Today’s Markets
Cole Smead of Smead Capital Management talks with Rise of Carry co-author Kevin Coldiron about how carry
Finance Showcase: Paradox of Central Banks
Prarthana Shetty hosts The Finance Showcase featuring Rise of Carry co-author Kevin Coldiron discussing the paradox of
The Empire’s New Clothes: Why Central Banks Are Powerless
The Empire’s New Clothes is a YouTube documentary series that examines why empire rise and fall. Rise
unSILOed Podcast: Episode #12 Understanding Carry Trades
This unSILOed Podcast episode asks: How do carry trades work and why are they so influential in
The Treasury Update Podcast: Episode #106 The Rise and Fall of Carry
Host Craig Jeffery interviews Kevin Coldiron on Rise of Carry. Listen in as they discuss the concept
The Cashflow Academy Podcast: Episode #98: Carry Trades
Unprecedented central banking intervention into financial markets has turned global markets into one big carry trade. Discover
Articles by Rise of Carry Authors
Featured Articles from the Authors
The End Of Carry?
This Wilmott Magazine article asks: is the carry regime continuing or are financial markets transitioning to a new phase?
How Markets Will Reveal What the Future Holds
The crash would have happened even without the virus, says Tim Lee. Are we are headed for
Why Our Economy is a Giant Ponzi Scheme
In trying to maintain the status quo, central banks and governments are storing up trouble for investors,
The Fed’s Days of Independence are Numbered
Federal Reserve independence is at risk. Kevin Coldiron explains why this means volatility is going to stay
The Fed Is Going To Buy Stocks
Supporting the S&P 500 is becoming central to Fed’s effort to prop up the economy, not because
