Great article!
On Currency Carnage: Take a look at DBV. It's an ETF that performs a "carry trade" investment theme. Basically, they are shorting the trashed currencies (dollar & yen) and are long the high yield strong currencies. When the tide turns (as this author speaks of), then this ETF changes their long/short positions.
This is not a 'push' to have anyone invest, but rather it is a way-- by looking at the chart of this ETF -- to see how this plays out. The price action of the ETF doesn't have a very big range so...... like in all currency trades.... BIG BUCKS with tiny moves creates the large returns ( or... that's how I see it). That's tough for the not-a-zillionaire investor.
If I can get to a conputer tomorrow, I have oooooooodles of things I can't wait to talk over. I'll be off (taking daughter for outpatient surgery) & maybe can get a few words to you online.
I'm totally shocked that I live in a give-away country which, in just a few months, trashed basic American ethics and laws in the name of some damn survival of the fittest scheme.
