Listen free for 30 days

Listen with offer

  • The Rise of Carry

  • The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis
  • By: Tim Lee, Jamie Lee, Kevin Coldiron
  • Narrated by: Todd Belcher
  • Length: 7 hrs and 29 mins
  • 4.2 out of 5 stars (10 ratings)
Offer ends May 1st, 2024 11:59PM GMT. Terms and conditions apply.
£7.99/month after 3 months. Renews automatically.
Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.
Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
The Rise of Carry cover art

The Rise of Carry

By: Tim Lee, Jamie Lee, Kevin Coldiron
Narrated by: Todd Belcher
Get this deal Try for £0.00

Pay £99p/month. After 3 months pay £7.99/month. Renews automatically. See terms for eligibility.

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £13.00

Buy Now for £13.00

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Listeners also enjoyed...

Boombustology cover art
The Bond King cover art
An Updated Investment Strategy for the Intelligent Investor cover art
Geopolitical Alpha cover art
Barbarians at the Gate cover art
Risk Parity cover art
Liar's Poker cover art
Superforecasting cover art
Against the Gods cover art
The Lazarus Heist cover art
Market Wizards cover art
Alpha Trader cover art
Follow the Money cover art
The Sovereign Individual cover art
Inflation911: How to Profit and Protect Your Money from Economic Inflation cover art
A Man for All Markets cover art

Summary

Protect yourself from the next financial meltdown with this game-changing primer on financial markets, the economy - and the meteoric rise of carry.

The financial shelves are filled with books that explain how popular carry trading has become in recent years. But none has revealed just how significant a role it plays in the global economy - until now.

A groundbreaking book sure to leave its mark in the canon of investing literature, The Rise of Carry explains how carry trading has virtually shaped the global economic picture - one of decaying economic growth, recurring crises, wealth disparity, and, in too many places, social and political upheaval. The authors explain how carry trades work - particularly in the currency and stock markets - and provide a compelling case for how carry trades have come to dominate the entire global business cycle. They provide thorough analyses of critical but often overlooked topics and issues, including:

  • The active role stock prices play in causing recessions - as opposed to the common belief that recessions cause price crashes
  • The real driving force behind financial asset prices
  • The ways that carry, volatility selling, leverage, liquidity, and profitability affect the business cycle
  • How positive returns to carry over time are related to market volatility - and how central bank policies have supercharged these returns

Simply put, carry trading is now the primary determinant of the global business cycle - a pattern of long, steady but unspectacular expansions punctuated by catastrophic crises.

The Rise of Carry provides foundational knowledge and expert insights you need to protect yourself from what have come to be common market upheavals - as well as the next major crisis.

©2020 McGraw-Hill Education (P)2019 McGraw Hill-Ascent Audio

What listeners say about The Rise of Carry

Average customer ratings
Overall
  • 4 out of 5 stars
  • 5 Stars
    5
  • 4 Stars
    3
  • 3 Stars
    1
  • 2 Stars
    1
  • 1 Stars
    0
Performance
  • 4 out of 5 stars
  • 5 Stars
    6
  • 4 Stars
    1
  • 3 Stars
    2
  • 2 Stars
    1
  • 1 Stars
    0
Story
  • 4 out of 5 stars
  • 5 Stars
    5
  • 4 Stars
    2
  • 3 Stars
    2
  • 2 Stars
    1
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    2 out of 5 stars
  • Performance
    2 out of 5 stars
  • Story
    2 out of 5 stars

PDF ?

you can't follow the story if you don't have PDF ! book like this and no PDF ? Really?

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    3 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    3 out of 5 stars

No PDF

I’m not all the way through the book but it constantly refers to tables and graphs but has no accompanying pdf which is becoming annoying and affecting the understanding of the book.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Very interesting perspective

The book is well written and researched, contains many evidences and data to support main argument. Increasingly significance role the carry plays in the world economy.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!