It is still far from the time of the US election, but Luo Yaoxiang's blockbuster has already begun, and at this time, good things are coming!

Three arrows were shot!

As soon as these three arrows are shot, why is it a good thing?

Because it's so simple, there's a very interesting way to make a profit. Pen "Fun" Pavilion www.biquge.info

As soon as these three arrows of Anyuan came out, there was a direct prediction from a master that the Japanese stock market would never be seen again below 8,000 points...... The prediction of a stock market pattern master on Treasure Island, surnamed Cai, is very accurate.

So why can't you see it anymore?

I'm starting to print money like crazy.

In fact, the Japanese stock market is in a big short, and the most fierce time for the Japanese stock market was in the 80s, when it almost reached 40,000 points.

The reason why she is so short is also very normal, how can her stock market rise in a country where the economy has been stagnant for so many years, and its own market is gradually being eroded?

But now, the Japanese stocks that have rushed to a wave before will rise soon, and as soon as the three arrows come, the money is hard, so this is simply ......

So, should you buy Japanese stocks at this time?

Luo Yaoxiang already has a lot of Japanese stocks in his hands, and the means at this time is to rush up and then ship at a high level, so this is not the point, but the focus now is ......

A perfect portfolio is born!

Well, to be precise, this portfolio has always existed, but the previous trade, which itself was too profitable, was a defensive trade, a trade that could take advantage of the special status of the yen.

And now, the whole meaning of this trade has changed, because there is more to be earned......

To put it simply, there are four markets that need to be put together, and then the deal is particularly perfect, and these four markets are......

In London's financial market, there is something called libor, which is the interbank interest rate. Then there are two interest rates, one is in the US dollar and the other is in the yen, because it is interbank lending, that is, the exchange of money between banks, so these are actually two markets, the US dollar and the yen.

And then there's another market, which is Japan's government bonds, which is a market.

Finally, there is the basis swap of currencies between Japan and the United States...... It's the basis swap, it's not the basis and x swap, well, pay attention to that.

So, how do these four markets fit together?

Actually, it's very simple, the logic is that I have dollars in my hand, and then I'm going to buy Japanese government bonds......

USD LIBOR minus JPY LIBOR plus the sum of USD basis swaps, and then add the interest on Japanese government bonds!

This formula, which itself is a model of carry trade, takes full advantage of the characteristics of the yen's defensive currency, and now this formula is suddenly inflated.

The dollar LIBOR has risen all of a sudden, now it has 88 bps, while the yen has a low LIBOR and this value itself is very low, and now it is lower, and then look at the basis swap of the dollar and the yen. In this way, the dollar to the yen is positive, because the dollar is expensive, and the yen to the dollar is negative, because the yen is cheap, and now, we are exchanging the dollar for the yen, to eat the yen interest, then the sum of this subtraction itself is a negative number.

The basis for 2013 is around 75 bps, and the yen LIBOR is still positive, but this is positive...... The 3-month LIBOR is around 0.003...... That is, if the subtracted value is -75, then negative or negative becomes positive.

Now it's 88+75, which is 163 bps, and JGBs, by the way, this is the ultimate goal after all the work we have done and changed money so many times, and this goal is ...... It's very low, and we don't want to get this interest rate good.

Well, this also has 163 bps, which is 1. 63% of the profit, you must know that this arbitrage transaction has always been the most common arbitrage transaction between international banks, banks, one by one are lying down to make money, for example, what they are best at is to borrow long-term money, and then come to pay off short-term debts, for example, I borrow for 10 years, and then use this money to exchange for a week or three months of money.

Because the longer the debt, the higher the interest, and the shorter the time, the lower the interest, so that the interest rate difference is earned, and the current arbitrage formula is perfect, it is bound to make money, but there was no such big profit before.

1.63%, risk-free interest, which is higher than saving US dollars, of course, it is not as good as fixed deposit RMB, but ......

This is an arbitrage trade, not saving money, and you may play more tricks than saving money!

To put it simply, you have to have so much money to save money, and this kind of arbitrage trade can play leverage, even if it doesn't work out, you can borrow money, yes, now the global interest rate is low, borrowing dollars is cheap, and the interest is completely incomparable to this.

Let's talk about leverage, to put it simply, I have a dollar, so according to this arbitrage formula, this dollar can earn 1 point 6 if it turns around, but what if my dollar becomes 100 yuan?

I earn 1 yuan 6 cents 3, that is to say, my capital is 1 yuan, but I earn more money than the capital, and the rest is leverage!

How high is leverage in international finance?

In the previous European debt crisis, Europeans played with 30 times the leverage at the beginning!

The so-called European debt crisis is that the Europeans themselves have collapsed, and these guys are simply too good at playing, playing Greece with 30 times the leverage on the basis, because in those years, Greece was very good, a prosperous party, and it was simply a paradise on earth, in fact, it was the ruling party in order to curry favor with voters, and then borrow money to pay benefits.

Since there is borrowed money, there is naturally finance, and the party has to be handed out, so it is more and more good at playing, and finally playing to death.

The most interesting thing about this is that Luo Yaoxiang didn't know it before, that is, the truth of the European debt crisis, although it was Greece that made a fake account, but the Germans lost even more. As soon as the Germans and the French saw that something was wrong, they immediately came over to make money, and naturally it was their own people's money, German and French money, but they wanted to make such money...... 30 times ...... Naturally, more money is needed, that is, more money is going to pour into Greece, so in this case...... That's what you borrowed from Greece.

In other words, the European debt crisis is indeed a crisis, but Germany and France took their own money and left the bill to Greece!

Therefore, 30 times is simply a conservative financial operation, Mr. Luo Yaoxiang, you are so rich, it is too conservative......

Even if it is 30 times, Luo Yaoxiang can earn 5 cents in a round of investment for one dollar, which is rare in the world.

Of course, this kind of arbitrage transaction requires considerable qualifications, which is called interbank lending rate, that is, it has to be done by banks, but this has experienced a financial tsunami and a European debt crisis, and there are not too many qualified bankrupt banks in Europe.

And Luo Yaoxiang began to prepare early in the morning...... This plan has been proposed for a long time, so this guy bought a qualified and old British bank very early...... Everything is ready, and then this is going to make money......

"Luozi! Hahaha...... You know what, you know what I see? Ha ha...... Do you know? Haha......"

Originally, this arbitrage trade was a long-term, continuous reincarnation process, so although it was risk-free, it was completely repetitive, and it was relatively boring, but on this day, Ye Chu, this guy came to Luo Yaoxiang, and his reaction was ......

"Lao Ye, are you going crazy with happiness?" Luo Yaoxiang was shocked!

Yes, what's going on with this Ye Chu?

This is completely nonsensical......

However, when Ye Chu explained the matter clearly, Luo Yaoxiang was ...... in his heart What did Ye Chu see?

Here's what he said, "Luozi, you know what? I looked at the trading volume of this arbitrage before, and some of the transactions were very fierce, very fierce, and the volume was very large, and who did this transaction? Hahaha...... Our Nation's Sovereign Fund ......"

Finally, it was clarified, and this matter ......

After Luo Yaoxiang heard this, he directly made up such a picture in his mind......

"Hello Comrade Xiao Luo." A white cute rabbit with a five-pointed red star hat greeted Luo Yaoxiang there, "You are also here to do this business?" ”

"If you don't make this kind of money, you don't make it for nothing, do you?" The white rabbit greeted Luo Yaoxiang, and then turned around......

"Small money...... Small money money...... Small money money ......"

This turns black, and then a bloody mouth is revealed, buy big, sell big!

Luo Yaoxiang thought to himself, it was a cold sweat!

(PS: Ask for a subscription!) Ask for a referral ticket! Thanks a lot! (To be continued.) )