Would you rather die, or be unwound? Now he finally knows the answer. Maybe this is what he wanted. Maybe it's why he stood there and taunted Roland. Because he'd rather be killed with a furious hand than dismembered with cool indifference.
Would you rather die, or be unwound? Now he finally knows the answer. Maybe this is what he wanted. Maybe it's why he stood there and taunted Roland. Because he'd rather be killed with a furious hand than dismembered with cool indifference.
Would you rather die, or be unwound?
Detention policy is public policy in Australia which will not be unwound,
There are several hundred billion dollars of positions in the carry trade that will be unwound as soon as they become unprofitable. When the Bank of Japan starts tightening we may see some spectacular effects. The world has never been through this before, so there is a high risk of mistakes.
The reigning theme has been the interest rate differentials that have propelled the dollar higher and the market thinks that theme won't be unwound any time soon. People are continuing to buy dollars on that theme.
Usually, when you have a stock market mania, it's driven largely by individual investors borrowing money to buy stocks at prices that are too high. And usually, when a bubble becomes unwound, it's because of margin calls.
It's more of the same, with the perception that carry trades are being unwound, and that Japanese bond yields rose further today probably added to that trend.
It was above 50 before the Iraq war started, and now that downward reaction to the war has been unwound. Are we likely to see sustained long-term growth That's still uncertain.
Emerging markets have become expensive and we have reduced our exposure. One reason is that Japanese interest rates will eventually go. This will have implications because carry trades are likely to be unwound.
© 2020 Inspirational Stories
© 2020 Inspirational Stories