Will there be another market crash in 2017 ?
The unlucky 7
Whenever there is year ending with 7 , the stock market will collapse and have crisis.
For example, the name for the 1987 stock market crisis is Black Monday. Interest parity arbitrage trading and currency war fueled the
Asian Crisis in 1997. It involves borrowing a cheap currency with low yields and investing in a stable currency with higher yields to earn spread income, known as positive carry. Hence the name, carry trades.
Concept explained : Currency Carry Trade : by Investopedia
What is a 'Currency Carry Trade'
A currency carry trade is a strategy in which an investor sells a certain currency with a relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate. A trader using this strategy attempts to capture the difference between the rates, which can often be substantial, depending on the amount of leverage used......