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 trademug. A "Hack of All Trades" is someone who isn't good at anything, unlike the saying "Jack of All Trades," meaning someone is seemingly good at everything, although not particularly having any expertise in anything.
by justsomeguyhere621 September 18, 2023
Get the Hack of All Tradesmug. A sex at that both participants eat corn before they start rubbing anuses together. Then start defecating into one another’s anus and full things of corn comes out.
by Corn Trader May 22, 2025
Get the Trading Cornmug. by jecoch08 September 21, 2022
Get the blockbuster trademug. by SheckWes123 September 12, 2024
Get the Pouya Trademug. Analogous to “Jack of all trades” but a tribute to the legend himself Dennis Waterman. The only actor with enough talent to star in it, write the theme tune and sing the theme tune.
by Gerry Standing November 3, 2020
Get the Dennis of all tradesmug. <.7.9.7.6.>Katiuska Robles Is THe Main Character Of Pokémon Trading Card Game <1997> For The Game boy color<.7.9.7.6.>
<.7.9.7.6.>Katiuska Robles Is THe Main Character Of Pokémon Trading Card Game <1997> For The Game boy color<.7.9.7.6.>
by Adujasty343 June 14, 2025
Get the <.7.9.7.6.>Katiuska Robles Is THe Main Character Of Pokémon Trading Card Game <1997> For The Game boy color<.7.9.7.6.>mug.