Is this the dawn of the Anti Carry Regime?
Runaway inflation, rising interest rates, unstable volatility?
What is a Carry Regime?
In this article, I am borrowing from the book ‘The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis’ written by Tim Lee, Jamie Lee and Kevin Coldiron. I will only touch on their ideas at a very high level and complement it with my own views and …