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Why The Aussie Yen Carry Trade Matters To Risk Assets

Market Depth

CHAPTER

The Importance of Knowing Your History

The Fed is currently floating this like skip concept out there. I think it's very dangerous to just copy and paste some sort of past pattern of policy from an irrelevant era because that's how it's been done before, right? Maybe it's because I'm in a region in which at least my local central bank happens to be a meeting to meeting or even interviewing policy rule at table, okay? And so staying on my toes and expecting the unexpected and, you know, shocking awe as the norm,. maybe because of that I'm accustomed to it.

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