Behind the volatility of the markets - and, in particular, behind the market crash on Monday 5 August, when the Nikkei lost 12% in a single day - many experts have identified a 'carry trade' problem. Not everyone, however, agrees: Mike Wilson, equity strategist at Morgan Stanley, believes that rather than a currency problem, the reasons for these corrections should be sought in economic fundamentals and the cooling of enthusiasm for artificial intelligence.
Beauty Flow" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/by/4.0/
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13.08.2024
Duration: 01m 11s
Topic: Financial markets/economy