Recessions Are Perfect for Currency Investing [View article]
Stocks appear to be rallying lately on "bad news days" which is bullish and the "first signs of life" that we've seen in a while.
Therefore, the party for the yen may be almost over. If so, when stocks for sure reverse to the upside (and that may be in the beginning stages now), then that could be a great time to look to reverse those positions ...as investors come out of the "risk adverse" (defensive plays) and back into stocks and higher yielding currencies.
On Dec 03 09:13 PM Paulo wrote:
> There is good research out there showing that in recessions (over > the past few decades) you long the American dollar and short the > Canadian (and Australian) dollar. > True again this time. > But maybe knowing when to reverse that position will be different > this time.
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Stocks appear to be rallying lately on "bad news days" which is bullish and the "first signs of life" that we've seen in a while.
Dec 08 17:23 pm
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All Comments by myWealth.com »Recessions Are Perfect for Currency Investing [View article]
Therefore, the party for the yen may be almost over. If so, when stocks for sure reverse to the upside (and that may be in the beginning stages now), then that could be a great time to look to reverse those positions ...as investors come out of the "risk adverse" (defensive plays) and back into stocks and higher yielding currencies.
On Dec 03 09:13 PM Paulo wrote:
> There is good research out there showing that in recessions (over
> the past few decades) you long the American dollar and short the
> Canadian (and Australian) dollar.
> True again this time.
> But maybe knowing when to reverse that position will be different
> this time.