This post was published last week on ZYX Buy Change Alert in response to an earlier post on partial hedging because of increased risks in the markets ahead of debt ceiling, spending cuts, and increasing dissension in the Federal Reserve. We have received a large number of questions on hedging.
Now it is universally accepted that growth in China is slowing. If a large number of communications that we receive are any indication, North American investors make two underestimations: first how much China’s growth is really slowing, and second how much it can hurt their investments in stocks, bonds and
Central banks across the globe have been waging a war against the natural economic ebb and flow. Like any war, it has had many battles. Since 2008, central banks have won every battle. Now their luck is running out. I do not know how the war will turn out, but