Comments on: The carry trade unwinds and it’s not pretty http://www.creditwritedowns.com/2008/10/carry-trade-unwnds-and-its-not-pretty.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: George http://www.creditwritedowns.com/2008/10/carry-trade-unwnds-and-its-not-pretty.html#comment-4729 George Fri, 17 Apr 2009 09:34:32 +0000 http://www.creditwritedowns.com/2008/10/the-carry-trade-unwinds-and-its-not-pretty.html#comment-4729 Hi, This is a wonderful opinion. The things mentioned are unanimous and needs to be appreciated by everyone. George, <a href="http://mymmoshop.com" rel="nofollow">Virtual Currency</a> Hi,

This is a wonderful opinion. The things mentioned are unanimous and needs to be appreciated by everyone.

George,

Virtual Currency

]]> By: John Creighton http://www.creditwritedowns.com/2008/10/carry-trade-unwnds-and-its-not-pretty.html#comment-1637 John Creighton Wed, 24 Dec 2008 19:23:32 +0000 http://www.creditwritedowns.com/2008/10/the-carry-trade-unwinds-and-its-not-pretty.html#comment-1637 For fun. Looking at the iceland Carry: http://www.mrscohen.com/adviser/-/news/other/content.aspx?ID=319035 It's about a 6% real interest rate. Iceland had some banks collapse recently: http://en.wikipedia.org/wiki/2008_Icelandic_financial_crisis Also some companies give better dividend yields so is it worth it? But the real question is how do I borrow money cheaper then at a 6% interest rate, and how much would it cost to insure against the risks? Mortgage rates I believe are between 5 and 6 percent and they are backed by assets. What about leveraged ETFs? Is their one that plays the iceland currency against the US dollar? Also for leveraged ETFs does the spread on the interest rate go into the fund? For fun. Looking at the iceland Carry:
http://www.mrscohen.com/adviser/-/news/other/content.aspx?ID=319035

It’s about a 6% real interest rate. Iceland had some banks collapse recently:
http://en.wikipedia.org/wiki/2008_Icelandic_financial_crisis

Also some companies give better dividend yields so is it worth it? But the real question is how do I borrow money cheaper then at a 6% interest rate, and how much would it cost to insure against the risks? Mortgage rates I believe are between 5 and 6 percent and they are backed by assets. What about leveraged ETFs? Is their one that plays the iceland currency against the US dollar? Also for leveraged ETFs does the spread on the interest rate go into the fund?

]]>