The high stakes trade that can move entire currencies
The currency carry trade involves investors moving money between countries to chase returns, and this can affect currency markets.
Stay updated with breaking news from Markus Brunnermeier. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The currency carry trade involves investors moving money between countries to chase returns, and this can affect currency markets.
Martín Guzmán is a Professor at Columbia University's School of International and Public Affairs. He served as Minister of Economy of the Republic of Argentina (December 2019- July 2022). As Minister of Economy of Argentina, he led the management of a sovereign debt crises that included the second largest sovereign debt restructuring in history (2020), the economic policy to manage the Covid-19 pandemic in the context of the debt and inflation crises, the policies for the fast economic and employment recovery in 2021, the debt restructuring negotiations with the Paris Club, and the nego...
Rich-economy central bankers need to reassess where they went wrong and learn from their emerging-market counterparts who framed better policy responses.
For the greater economic good, Americans should reconsider their attachment to fixed-rate mortgages.
Just how good is the economics in Bidenomics?