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Arora: Yen Carry Trade Holds 10%-20% A.I. Correction Risk, Silver to Hit $70
Manage episode 522195929 series 3645668
Pay attention to the Japan Yen Carry Trade, says Nigam Arora, noting the "risk is real" for an unwind. With $1 trillion invested in the trade, he explains how an unwinding of that money can create a 10% to 20% correction in the A.I. trade. As for the Fed, Nigam offers his case for an interest rate cut even though he believes it doesn't need to. He also sees silver hitting $70 as a prime short squeeze target.
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9221 episodes
Manage episode 522195929 series 3645668
Pay attention to the Japan Yen Carry Trade, says Nigam Arora, noting the "risk is real" for an unwind. With $1 trillion invested in the trade, he explains how an unwinding of that money can create a 10% to 20% correction in the A.I. trade. As for the Fed, Nigam offers his case for an interest rate cut even though he believes it doesn't need to. He also sees silver hitting $70 as a prime short squeeze target.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
9221 episodes
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