Carry trade is an investment consisting of borrowing at a low interest rate to invest in an asset providing a higher rate of return, typically for less than a year.
Carry trades often involve borrowing in hard currency (such as dollars, euros, british pounds, or yen) to invest in high-risk, high-interest notes issued by third world countries.
As these investments are typically not sustainable for the issuing country, most such carry trades are cashed out (re-converted into dollars) within a year - during which net returns of 10% to 50% can often be earned.
Carry trades often involve borrowing in hard currency (such as dollars, euros, british pounds, or yen) to invest in high-risk, high-interest notes issued by third world countries.
As these investments are typically not sustainable for the issuing country, most such carry trades are cashed out (re-converted into dollars) within a year - during which net returns of 10% to 50% can often be earned.
A disastrous carry trade developed in Argentina during the Macri presidency (2015-19), as both local and foreign investors took advantage of notes with annual yields averaging over 80%. The trick was re-converting the notes into dollars before the inevitable devaluations, in which the investment could lose 20% in a day.
by ruckman December 24, 2019
Get the carry trade mug.He is an amazing guy who always says he is a bad lover but never is and everyone will love him so much that they hate him he is uusualy a little bit chubby but no-one cares and most guys will blame him for being gay because there jealous that carta always gets the good girls and that all girls love him
by Fu*keveryone December 28, 2019
Get the Carta mug.Related Words
At the end of a nitrous binge, you know in your fucking haze you did not do at least 1 or 2, so everybody starts digging through carts looking for a sealed one.
by Punky Wookster January 17, 2020
Get the Cart Racing mug.by jajarie123 February 15, 2020
Get the Cart mug.Is a humble person and is really bout what she says she bout she is very fun and joyful person and is very fun to be around but if you cross that’s gone be d worst thing you ever did !
by Cariyouna February 16, 2020
Get the cariyouna mug.A combination of both cartoons and anime.
by Yami0432 May 21, 2020
Get the Cartanime mug.caity-mae is so gay
by caitthecrate June 1, 2020
Get the caity-mae mug.