Carry Trades, Explained | Big Take Asia

They caused global markets to seize up – and raised serious questions about just how much money was at stake. No, we’re not talking about NVIDIA’s earnings. Or the US jobs report. We’re talking about carry trades – an obscure part of international markets that’s suddenly less obscure.

On today’s Big Take Asia podcast, the Bloomberg Explains series continues with Bloomberg Opinion columnist Shuli Ren. She tells hosts K. Oanh Ha and David Gura when the Yen carry trade began, what went wrong in August and how soup dumplings are key to understanding why carry trades shouldn’t work … but do.

Further listening: Odd Lots Podcast - Bloomberg (https://www.bloomberg.com/oddlots)

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