Looking back over the last few weeks, it's clear that foreign stocks have been the safest, best play to take advantage of looming dollar inflation.
I should have bought and held countries with accelerating growth, like Russia (RSX) and South Korea (EWY).
Hoping at some point in the next month or two I get a good buying opportunity in either one, probably to ride for the rest of 2020. Remember we have elections this year and if the market sniffs out even a chance of a Democrat winning, it may price in MMT and the dollar might weaken even faster. Either way, both parties are full speed on out-of-control spending, deficits, and borrowing. Long Energy, Tech, Gold, Foreign Stocks.
I should have bought and held countries with accelerating growth, like Russia (RSX) and South Korea (EWY).
Hoping at some point in the next month or two I get a good buying opportunity in either one, probably to ride for the rest of 2020. Remember we have elections this year and if the market sniffs out even a chance of a Democrat winning, it may price in MMT and the dollar might weaken even faster. Either way, both parties are full speed on out-of-control spending, deficits, and borrowing. Long Energy, Tech, Gold, Foreign Stocks.