Renowned economist and author Andrew Smithers on The Rise Of Carry: “…we face a high risk of a major bear market. The Rise Of Carry provides a timely description of how this situation has arisen and an urgent warning of dangers ahead. “The authors “….experienced professionals with a sound understanding of the underlying issues assess an important aspect of financial macroeconomics, is a welcome addition to the literature.”
Read the Book Review in the American Affairs Journal : https://americanaffairsjournal.org/2021/05/the-rise-of-carry-and-macroeconomic-risk/