Dollar to World: Risk-Off Not About Obama
And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom. --Anais Nin
Markets entered a strong risk-off mode following the U.S. presidential elections, and all I hear is how the decline is directly due to four more years of an Obama administration. I could not disagree more, given that markets have been behaving like a correction was under way ever since the Federal Reserve announced Quantitative Easing 3. I have stressed this in my columns recently, analyzing the price patterns of emerging market currencies as an indicator of risk-off-sentiment....143 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.