
THE REAL REASON BEHIND GLOBAL STOCK CARNAGE – CARRY TRADE UNWINDS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Carry Trade Unwinds Please click here for a chart of Japanese yen ETF (FXY). Note the following: The chart shows the rapid rise in the yen. The chart shows that the rapid rise occurred after the Bank of Japan raised rates. ZYX Allocation by The Arora Report has a long position in yen ETF (FXY). We previously wrote that FXY would act as a hedge. That call has now proven spot on. FXY is rising while stocks are experiencing carnage. We have been





