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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label carry trade. Show all posts
Showing posts with label carry trade. Show all posts
Sunday, August 04, 2024

PSEi 30: Has BBM’s SONA Cycle Climaxed? Rising Contagion Risks from the Unwinding of the Yen-Yuan Carry Trade

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Bulls of 1929 like their 1990s counterparts had their eyes glued on improving profits and stock valuations. Not a thought was given to the f...
Sunday, July 23, 2023

PSEi 30 6,600: Global Carry Trade and the SONA Pump? 3Q Vulnerability, The Impact of SONA on the PSEi 30

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To make money in the markets, you have to think independently and be humble. You have to be an independent thinker because you can’t make mo...
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