The Yen carry trade and S&P 500 correlation
- Posted by Marc on May 19th, 2009 filed in Hedge Funds, markets
JPY/USD (white line) versus S&P 500 (red line) chart. Yen carry trades still continues in may-2009, (source: Bloomberg, click to enlarge).
The carry trade, investors borrowing low-yielding currencies and investing in high-yielding currencies or in stock markets, continues.
As you can see in the graph, the Yen carry trade began in 2003 and still continues. As you can see the correlation is perfect.
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June 10th, 2009 at 12:44 pm
[...] divisa suba mucho….. si alguien espera menos que espere sentado desde mi mas humilde opini?n… investorsconundrum.com The Yen carry trade and S&P 500 correlation Para mi el SP lo mas seguro es que vuelva a m?nimos o se quede cerca y tienen que aprovechar los [...]