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Market Volatility | Yen Carry Trade Unwind to Blame? | High Yield Holds Up

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Manage episode 432517151 series 2426951
Content provided by Derek Moore. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Derek Moore or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Derek Moore is back to talk through the latest market volatility as the VIX and VVIX both spiked this week. Markets had 2 greater than 2% pullbacks. Reading into the latest unemployment rate data. Plus, unpacking the unwinding of the carry trade involving the Japanese Yen and how this started before the recent market retracement. Finally, examining the high yield bond market as it has shown positive non-correlation with equities of late.

What does a currency Carry Trade mean?

What is the carry trade unwinding mean?

Why carry trades may show leverage in the system that causes ripples in financial markets

S&P 500 Index back to levels not seen since….June 7th

Unpacking the unemployment rate and how the rate rose even though more people working

Explaining the VVIX Index

VIX and VVIX spike this week with the market volatility

Comparing returns since the July 16th all-time high of equities vs high yield bonds

Mentioned in this Episode

Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT

Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt

Derek’s new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

Contact Derek derek.moore@zegainvestments.com

www.zegafinancial.com

  continue reading

284 episodes

Artwork
iconShare
 
Manage episode 432517151 series 2426951
Content provided by Derek Moore. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Derek Moore or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Derek Moore is back to talk through the latest market volatility as the VIX and VVIX both spiked this week. Markets had 2 greater than 2% pullbacks. Reading into the latest unemployment rate data. Plus, unpacking the unwinding of the carry trade involving the Japanese Yen and how this started before the recent market retracement. Finally, examining the high yield bond market as it has shown positive non-correlation with equities of late.

What does a currency Carry Trade mean?

What is the carry trade unwinding mean?

Why carry trades may show leverage in the system that causes ripples in financial markets

S&P 500 Index back to levels not seen since….June 7th

Unpacking the unemployment rate and how the rate rose even though more people working

Explaining the VVIX Index

VIX and VVIX spike this week with the market volatility

Comparing returns since the July 16th all-time high of equities vs high yield bonds

Mentioned in this Episode

Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT

Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt

Derek’s new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

Contact Derek derek.moore@zegainvestments.com

www.zegafinancial.com

  continue reading

284 episodes

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