SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Nihontochicken3/14/2008 3:59:44 PM
  Read Replies (1) of 50633
 
Yen Carry Trade

Mention was made on Bubblevision on the effect of the Yen carry trade on the broad market index, showing a chart of FXY vs. SPX. Here's a similar chart:

tinyurl.com

Pretty strongly inversely correlated, as SOTB has mentioned before. As the Yen continues to strengthen, the SPX should continue to deteriorate until the carry trade balloon is deflated. When will that be, and will the PM equities detach from the broad markets?

NC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext