Nobody is expecting the Fed to raise interest rates a significant amount anytime soon. So the low cost of borrowing dollars is likely to continue as well. And that has some concerned that something called the "carry trade" will grow in popularity. Marketplace's Paddy Hirsch explains how the carry trade works, and why it might cause some problems:
Beware the carry trade! from Marketplace on Vimeo.
Posted
08-10-2010 9:24 AM
by
Graham Griffith