I never thought I’d see the day when “yen carry trade” was splashed across the financial news. But here we are. We talked about this weird setup, and how it sparked the August 5 market crash, in Monday’s article. Today we’re going to get into what it all means for closed-end funds (CEFs) , including the opportunities now available to us in these high yielders. First up, while the press was quick to paint the correction as a “made in Japan” event, we do have some signs of a slowdown starting to appear in America. Is This the Recession We’ve Been Waiting For? … Read more