
FXY: HERE IS A HEDGE AGAINST RECKLESS GOVERNMENT POLICIES
By Nigam Arora & Dr. Natasha Arora Reckless Government Policies In the U.S., the government continues to recklessly borrow and spend. The national debt now exceeds $35T. Post election, the agenda of both Republicans and Democrats will result in more borrowing and more spending. A Hedge Prudent investors are looking for a way to hedge their portfolios from the risk of reckless U.S. spending. Moreover, your wealth is in dollars. If the U.S. continues to spend recklessly, the dollar may fall and reduce your true wealth. True Diversifier At a time when the stock market is very high, diversifying between stocks is