October 1, 2020· 42 min
Volatility Suppression Turned The Entire Economy Into One Big Carry Trade
Orality
Model
72%
Oral-dominant (speeches, podcasts, storytelling)
Speaker Breakdown
HostJoe Weisenthal(2,046 words)
M:29%
HostTracy Alloway(1,197 words)
M:28%
GuestTim Lee(2,549 words)
M:27%
GuestJamie Lee(984 words)
M:28%
GuestKevin Coldiron(546 words)
M:27%
Oral Indicators
Agonistic29%
terrible, certainly, basically
Engagement65%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
know (82x), like (55x), think (54x)
Parallelism100%
And I'm Tracy Alloway...., So, Tracy, one of the things t..., So many things seem to go up a...
Sound Patterns39%
32 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases7%
you know what, i mean, so to speak
Literate Indicators
Hedging12%
quite, perhaps, rather
Passive Voice7%
are joined, be trapped, be considered
Abstract Nouns19%
investment, situation, inequality
Subordination7%
while, until, since
Sentence Length53%
Avg: 18.2 words/sentence
Word Complexity47%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style35%
528 personal pronouns found
Descriptive Style92%
lately, really, implicitly
Description
In a carry trade, an investor borrows money cheaply to buy an asset that yields more. As long as nothing changes overall, the investors get to pocket the spread. In our latest episode, our guests argue that more and more aspects of the economy resemble this trade, and that the culprit is the policymaker suppression of volatility. We speak with Tim Lee, Jamie Lee, and Kevin Coldiron, the authors of the new book “The Rise Of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis”. See omnystudio.com/listener for privacy information.