The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis
The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis
Proud to be B-Corp
Our business meets the highest standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose. In short, we care about people and the planet.
The feel-good place to buy books
- Free delivery in Australia
- Supporting authors with AuthorSHARE
- 100% recyclable packaging
- Proud to be a B Corp – A Business for good
- Buy-back with Ziffit
The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis by Tim Lee
A first-of-its-kind primer on markets and the economy—providing the knowledge you need to protect yourself from the next financial meltdown. It’s well known that carry trading has been a driving force in financial markets for years. But carry is actually much more than this. In fact, it has become the primary determinant of the global business cycle. The first book of its kind, The Rise of Carry explains how financial markets work today, how they relate to the overall economy, the increasingly important role of carry in the overall economy—and how it feeds the never-ending cycles of boom to bust and back again. The Rise of Carry provides critical but often overlooked foundational knowledge, such as: •The active role stock prices play in causing recessions (as opposed to the common belief that recessions cause price crashes)•The true driving force behind financial asset prices•How carry, volatility-selling, leverage, liquidity, and profitability affect the business cycle•How positive returns to carry over time are related to market volatility—and how central bank policies have acted to supercharge these returns Finally, you’ll gain important insight into how the rise of carry is part of a broader phenomenon that includes growing inequality in wealth and power and, by extension, other adverse political and social developments. While there has been an increasing amount of work in academia on carry trades, this groundbreaking book is a first for investors.Jamie Lee is a stand-up comedian, TV writer and actress, and one of the core cast members on the hit MTV show GirlCode, as well as the host of 10 Things on TruTV and the podcast Best of the Worst. Jamie has appeared on Conan, Chelsea Lately, The Late Late Show with James Corden, Comedy Central's @Midnight, MTV's Ridiculousness, John Oliver's Stand Up Show and was a semi-finalist on Last Comic Standing. She has also written for The Pete Holmes Show, E!, Lifetime, and the new Judd Apatow show on HBO, Crashing. She currently lives in Los Angeles with her husband and a labradoodle named Dennis.
| SKU | Unavailable |
| ISBN 13 | 9781260458404 |
| ISBN 10 | 1260458407 |
| Title | The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis |
| Author | Tim Lee |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | McGraw-Hill Education |
| Year published | 2020-01-18 |
| Number of pages | 240 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |