Tuesday, October 27, 2009

We Are in the Mother of All Carry Trades: Roubini

By: Antonia Oprita
Associate Web Producer, CNBC.com

Most investors follow the same strategy of borrowing in dollars and investing in assets across the world and when the greenback's downward trend will reverse, there may be a crash in global assets, Nouriel Roubini, Chairman, RGE Monitor, told CNBC Monday. "There is a wall of liquidity…chasing assets," Roubini told "Squawk Box."
"Now we are in the mother of all carry trades," he added.

http://www.cnbc.com/id/33477456

No comments:

Post a Comment

Kalender Ekonomi & Event


Live Economic Calendar Powered by Forexpros - The Leading Financial Portal