You can view David Roche’s interview on Bloomberg Professional. I had hoped it would appear on their website for those of you that are not fortunate enough to have a Bloomberg terminal. Keep checking there as it might show up later.

Here’s the info:

David Roche Sees Yen Carry Trade as `Biggest’ Risk to Stocks
2007-02-28 03:50 (New York)

Feb. 28 (Bloomberg) — David Roche, president of Independent Strategy, an economic and financial consulting firm, talks with Bloomberg’s Catherine Yang in Hong Kong about the selloff in global equity markets, the risk posed to stocks by the yen carry trade, the impact of measures by China’s government to control growth on the country’s economy and financial markets, and Roche’s investment strategy. (Source: Bloomberg)

• 00:00 Role of yen carry trade in global stock drop
• 02:38 “Very conservative” investment strategy
• 03:16 Risk of falling U.S. corporate profit margins
• 04:18 Fed policy; yen carry trade risk to stocks
• 05:35 Emerging-market bonds: “completely mispriced”
• 06:58 Investment in yen, Japan’s economic recovery
• 08:26 Steps by China’s government to control growth
• 10:15 China stock market: “a total bubble”