Nouriel Roubini, Chairman, RGE Monitor, says the dollar carry trade is larger than before. He sees carry trades continuing for a while as long as the Fed is on hold and keeps the volatility on the long end of the yield curve low.
yeah, australia and new zealand too are not getting themselves into trouble. they are fine. they will be hurt due to global credit crisis for short term
Some Western countries will probably emerge from the recession next year. Canada might come out the recession next year. Their financial system didn't take as big a hit as the US's.
Mr Roubbini's preditcts are now coming true in coming days. A sell off is gonna occor and us dollar will go up. The days are around the corner.
MrWashraf 5 months ago
@RCinPAWA lol
jeremyraybrown 1 year ago
Coffin-Shaped Recovery
RCinPAWA 2 years ago
@scottvska
yeah, australia and new zealand too are not getting themselves into trouble. they are fine. they will be hurt due to global credit crisis for short term
KhmerD0g 2 years ago
Some Western countries will probably emerge from the recession next year. Canada might come out the recession next year. Their financial system didn't take as big a hit as the US's.
scottvska 2 years ago
6 months my ass!
fazholio 2 years ago
u-shaped recovery is for asian countries but not the western countries. USA, U.K. and many European countries will not get u-shaped recovery.
roubini need to do his homework before taking shit like this. i believe peter schiff and jim rogers more than roubini.
KhmerD0g 2 years ago