Market Volatility | Yen Carry Trade Unwind to Blame? | High Yield Holds Up
Broken Pie Chart · Derek Moore
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Show Notes
Derek Moore is back to talk through the latest market volatility as the VIX and VVIX both spiked this week. Markets had 2 greater than 2% pullbacks. Reading into the latest unemployment rate data. Plus, unpacking the unwinding of the carry trade involving the Japanese Yen and how this started before the recent market retracement. Finally, examining the high yield bond market as it has shown positive non-correlation with equities of late.
What does a currency Carry Trade mean?
What is the carry trade unwinding mean?
Why carry trades may show leverage in the system that causes ripples in financial markets
S&P 500 Index back to levels not seen since….June 7th
Unpacking the unemployment rate and how the rate rose even though more people working
Explaining the VVIX Index
VIX and VVIX spike this week with the market volatility
Comparing returns since the July 16th all-time high of equities vs high yield bonds
Mentioned in this Episode
Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT
Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt
Derek's new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag
Contact Derek [email protected]