Let Us Not Be Dragged Into a Currency War

One of the highlights of last year's trading was our decision to short the Japanese yen. It was a great example of trading on political intrigue, as opposed to using technical or fundamental analysis. I'd like to congratulate all of the Real Money Pro subscribers who profited from that trade.

There are implications and side effects to Japan's new policies, and their reverberations are now being felt here in the U.S. On Thursday the Big Three automakers, represented by the American Automotive Policy Council, asked the Obama Administration to retaliate against Japan for pursuing a weak yen policy -- to "make it clear to Japan that such policies are unacceptable and will be met by reciprocal measures," as AAPC president Matt Blunt put it....473 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.