The Revival of the Safety Trade
|Gold, the Yen and Bonds. Signs of market wariness are everywhere. Add in the Yuan, Japanese and European economic growth and the uncertainty coming out of China and you would seem to have a strong case for protection of assets, the proverbial return of cash rather than the return on cash. It is not a long stretch to say the Brexit campaign in Britain and the candidacy of Donald Trump in the United States are expressions of a profound disapproval with the current economic and political situations in both countries. Are markets registering their own global disapproval or are the ascending Yen and company a narrower example of the paucity of investment choices and lack of avenues for trading profits?
Join us as we try to disentangle the market from the political and the emotional from the analytical.
Joseph Trevisani began his twenty-five year career in the financial markets at Credit Suisse in New York and Singapore where he worked for 12 years as an interbank currency trader and trading desk manager. Returning from Asia he moved to Bermuda and managed the Asian Trading desk and...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.