So the combined effect of the Fed policy of a zero...

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Nov
3rd

Tue

So the combined effect of the Fed policy of a zero Fed funds rate, quantitative easing and massive purchase of long-term debt instruments is seemingly making the world safe – for now – for the mother of all carry trades and mother of all highly leveraged global asset bubbles.

— Nouriel Roubini: Mother of all carry trades faces an inevitable bust

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Tags: economics carry trade

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