In late 2012 scottnbspbessent chief investment officer, Ask an Expert

Economics

In late 2012 Scott Bessent, chief investment officer of Soros' family office, concluded that coming political changes in Japan probably would lead to yen depreciation. His actions resulted in a gain of $1 billion during the next three months. What are some actions he probably took?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91706502

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question is bitcoin an asset a commodity or currency does

Question: Is Bitcoin an asset, a commodity, or currency? Does it matter? How does one buy bitcoins? How are they created? Why were they created in the first place? What are they used for? The response must be typed, sing ...

Question analyze the effect of an interest rate decrease on

Question: Analyze the effect of an interest rate decrease on a consumer who is currently a lender. Specifically, answer the following questions. A graph would be useful in your analysis. a. What happens to consumption to ...

Question the kennedy-johnson tax cut reduced personal

Question: The Kennedy-Johnson tax cut reduced personal income tax rates by 20% during 1964 and 1965; the personal saving rate was virtually unchanged from 1963.4 to 1965.4. The Reagan tax cut reduced personal income tax ...

Question 1 conside rthe general effect of the discount rate

Question: 1. Conside rthe general effect of the discount rate on the dynamic efficient allocation of a depletable resource across time. Suppose we have two versions of the two-period model discussed in Chapter 6. The two ...

Question mr paul is consuming products x and y optimally

Question: Mr. Paul is consuming products X and Y optimally and deriving total utility of 10 utiles. when his budget is increased from K80 to k81, his utility increases from 10 utiles to 10.1 utiles. a) what is the margin ...

Question identify a solution that the business community

Question: Identify a solution that the business community appears to favor for the current annual budget deficit in the US. For example, in the area of health care, the business community may prefer a policy that permits ...

Question despite the economic progress that the us has

Question: Despite the economic progress that the U.S. has observed in the past century, the standard of living remains extremely low in many countries. Consider the following regarding poverty in developing countries: • ...

Question is a tax on margarine efficient in the economic

Question: Is a tax on margarine efficient in the economic sense of the term? Why would margarine producers prefer to have an excise tax impose on both butter and margarine? Would such a tax be more or less efficient than ...

Question the export-import bank helps boeing by providing

Question: The Export-Import Bank helps Boeing by providing various subsides on aircraft sold to foreign countries. Boeing says it needs this help to offset subsidies given to Airbus Industrie by European governments, and ...

Question the investment tax credit was designed to increase

Question: The investment tax credit was designed to increase the ratio of capital spending to GDP and hence boost productivity growth. The credit was introduced in 1962, and although it was temporarily suspended in 1966 ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert