Why Japan’s “Carry Trade” Is Causing A Global Stock Meltdown
You may be wondering why US stock futures were so far in the red on Monday. As of 3:15 a.m. ET, Nasdaq futures were down 4.95%, while Japan’s Nikkei 225 index crashed 12.4% overnight. That was the biggest loss for the Nikkei since 1987. Banks… Read More »Why Japan’s “Carry Trade” Is Causing A Global Stock Meltdown