Dump U.S, Jump Europe? Europe is on Fire! #dax #cac #ftse
Good luck, keep your stops tight..
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Because anybody/investors has the possibility to sit on USD Cash.
It would have been a better decision than pouring them in bearish medium-long term EU indexes (priced in USD).
And the best decision was to put them in US indexes, equities.
European QE is pushing EU indexes to new highs, but it looks like it's just mecanical with a weak EURUSD, It's not structural. But time will tell. So far it's a fail.
I showed that EUROPE was in downtrend and US in uptrend (USD-wise), that's why the title was a bit incorrect. No europe wasn't in fire when you could choose to invest in US indexes with $$