Comments on: New Week, New Opportunity? http://www.thecornerofficeblog.com/2007/03/05/new-week-new-opportunity/ An entrepreneurs thoughts on business, personal finance and investing. Thu, 09 Jun 2011 19:02:59 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: Winston http://www.thecornerofficeblog.com/2007/03/05/new-week-new-opportunity/comment-page-1/#comment-4191 Winston Tue, 06 Mar 2007 15:04:05 +0000 http://www.thecornerofficeblog.com/2007/03/05/new-week-new-opportunity/#comment-4191 the yen's been the most popular because of japan's low interest rate (.25%), and i believe there are some other southeast asian currencies being used b/c of their low rates as well, but the yen is the one that's leading everything right now. the yen’s been the most popular because of japan’s low interest rate (.25%), and i believe there are some other southeast asian currencies being used b/c of their low rates as well, but the yen is the one that’s leading everything right now.

]]> By: Grant http://www.thecornerofficeblog.com/2007/03/05/new-week-new-opportunity/comment-page-1/#comment-4182 Grant Tue, 06 Mar 2007 04:05:23 +0000 http://www.thecornerofficeblog.com/2007/03/05/new-week-new-opportunity/#comment-4182 Good thoughts, Winston. Are there other "carry trades" we should be keeping track of? Or is the Yen the only carry in effect at this time? Good thoughts, Winston.

Are there other “carry trades” we should be keeping track of? Or is the Yen the only carry in effect at this time?

]]> By: Winston http://www.thecornerofficeblog.com/2007/03/05/new-week-new-opportunity/comment-page-1/#comment-4179 Winston Tue, 06 Mar 2007 01:42:51 +0000 http://www.thecornerofficeblog.com/2007/03/05/new-week-new-opportunity/#comment-4179 THE YEN CARRY TRADE!! I've heard a number as high as $2 TRILLION that has been used in this trade. This means that people have been using borrowed yen to bet on other assets. Now that the Yen is strengthening, margin calls are being made and people are having to offload their other bets in order to pay for their plummeting carry trade. THE YEN CARRY TRADE IS INVOLVED IN EVERY MARKET, that's why there isn't many good places to be long, i.e. gold. Even futures on the 10yr Notes and Bonds haven't risen has strong as many were thinking. How much longer this carry trade will have spillover effects on other markets is anyone's guess, but don't try and pick a bottom for quick money, you'll get creamed. However, I do like your idea of adding a LITTLE gold to my position as I have a longer term view.... THE YEN CARRY TRADE!! I’ve heard a number as high as $2 TRILLION that has been used in this trade. This means that people have been using borrowed yen to bet on other assets. Now that the Yen is strengthening, margin calls are being made and people are having to offload their other bets in order to pay for their plummeting carry trade. THE YEN CARRY TRADE IS INVOLVED IN EVERY MARKET, that’s why there isn’t many good places to be long, i.e. gold. Even futures on the 10yr Notes and Bonds haven’t risen has strong as many were thinking. How much longer this carry trade will have spillover effects on other markets is anyone’s guess, but don’t try and pick a bottom for quick money, you’ll get creamed. However, I do like your idea of adding a LITTLE gold to my position as I have a longer term view….

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