Carry trade is the key as emerging markets rally – Independent Online

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Carry trade is the key as emerging markets rally
Independent Online
And when the Fed started tapering QE, in January, capital washed out of emerging markets, with the rand among the worst casualties.

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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