Tuesday April 10, 2007 - 12:31:40 GMT
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Black Swan Capital - www.blackswantrading.com
Risk Appetite Humongous
â€śThe longer animals can go without encountering a rare event, the move vulnerable they will be to it.â€ť
FX Trading â€“ Risk Appetite Humongous
Undaunted by concerns of US â€“ Chinese trade friction, emerging stock market blow-off highs, US derivatives, and geopolitics, investors keep on doing whatâ€™s workedâ€”buying stuff. And the Aussie-Japanese yen relationship is the poster child for risk appetiteâ€”itâ€™s in the ozone.
The little Chinese shakeup back in late February is history! Yen carry is the only game in town. Why stop playing?
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