Michael A. Gayed, CFA, is chief investment strategist and co-portfolio manager at Pension Partners, LLC., an investment advisor which manages a mutual fund and separate accounts according to its ATAC (Accelerated Time and Capital) strategies focused on inflation rotation.
Prior to this role, Gayed served as a portfolio manager for a large international investment group, trading long/short investment ideas in an effort to capture excess returns. From 2004 to 2008, Gayed was a strategist at AmeriCap Advisers LLC, a registered investment advisory firm that managed equity portfolios for large institutional clients. In 2007, he launched his own long/short hedge fund, using various trading strategies focused on taking .ore advantage of stock market anomalies. Follow him on Twitter @pensionpartners and YouTube youtube.com/pensionpartners.
Given continued weakness against the dollar, I am still stressing caution in stocks here.
The greenback is climbing even as sequestration looms, so we a risk-off trend may be on its way.
Does the decline warn of a risk-off ahead?
The recent collapse of the currency is unjustified.
An indication of the overall direction of risk currencies and safe havens.
If you're turning negative on global markets, the pound could be an interesting long trade.
Something important is under way.
Setting up for a short trade?
Emerging-market currencies have reached a decision point.