Notes from the Desk: Signal Through the Noise

The unwind of the yen carry trade on the morning of August 5th injected a level of volatility in markets reserved only for crisis periods. The carry trade involved investors borrowing yen to buy riskier assets, which is effectively a short position on the yen. This strategy had worked well in 2024 as the yen weakened [...] The post Notes from the Desk: Signal Through the Noise appeared first on ETF Trends .