Forget the Euro: Focus on the Real
"You can't depend on your eyes when your imagination is out of focus." - Mark Twain
Here on Real Money Pro, I have often mentioned my belief that the best way to bet against Europe is actually to play against emerging market currencies. My reasoning relates to the idea that a slowdown in Europe will force emerging market central banks to cut rates in an effort to jolt weakening demand for exports. Declining interest rates weaken currencies, which can help offset the price sensitivity that is afflicting the eurozone. Furthermore, when it comes to emerging market monetary action, there are fewer cooks spoiling the pot, which allows for faster stimulus decisions....161 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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.
