Tag Archives: Reverse Carry Trade

Fed to Announce Further “Tapering,” as Global Financial System Unravels

At its upcoming FOMC meeting on Jan. 28-29, the Fed’s Federal Open Market Committee (FOMC) is expected to continue its policy of “tapering” of quantitative easing (QE). Reuters reports that a reduction from $75 to $65 billion per month in … Continue reading

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Reverse Carry Trade Collapses Emerging Market Currencies, Unleashes Financial Panic

“Full-blown panic mode” was the way one analyst described to the Wall Street Journal the plummeting of emerging-market currencies on Friday, along with a corresponding drop in bond and stock markets in Europe, Asia, and the U.S., as retail investors … Continue reading

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