Yen Carry Trade Involuntary Liquidation
Started by
ChickenLittle
, Jul 27 2007 03:28 PM
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#1
ChickenLittle
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- Traders-Talk User
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Posted 27 July 2007 - 03:28 PM
Art Cashin remarked how voluntary liquidation of yen carry trade positions were repricing the yen higher and if that continued, it could cause INVOLUNTARY liquidation of carry trade positions. He said he thought the market was very concerned about that possibility.
darn, it always something to worry about (fear is rising).
History always repeats . . . only the details change.
