How to Profit from Possible U.S. Credit Downgrade [View article]
The opening paragraph was enough for me to stop there...First off, UK debt was not downgraded last week...S&P revised the OUTLOOK from "stable" to "negative." This is very different from a credit downgrade. Also, saying that the US and UK have "similar policies" because you feel they are "spending too much money" is very shallow-minded.
Great piece and I agree with all of your recommendations. The one thing about TBT is that it can be quite tricky (to say the least) betting against the Fed/Treasury right now (for shorter-term trades). I'm watching it and want to jump in around 40 or so.
Something else to add to your recommendations - along the lines of commodities - is to take a look at smaller commodity-producing emerging markets, as a marginal recovery in developed nations should really boost these ETFs and currencies.
How to Profit from Possible U.S. Credit Downgrade [View article]
My Q1 Report Card [View article]
Something else to add to your recommendations - along the lines of commodities - is to take a look at smaller commodity-producing emerging markets, as a marginal recovery in developed nations should really boost these ETFs and currencies.