Featured Trades: (MARC CHANDLER ON FOREIGN EXCHANGE)
South Korea iShares ETF
Singapore iShares ETF
Market Vectors Indonesia Index ETF
Thai Capital Fund, Inc.
1) Marc Chandler of Brown Brothers Harriman on the Foreign Exchange Market. My guest on Hedge Fund Radio this week is Marc Chandler, the global head of currency strategy at the esteemed Wall Street firm, Brown Brothers Harriman.
Marc says that the next big focus in the foreign exchange markets will be a strengthening US economy and another slow down in Europe.? After one last gasp, that could take the euro as high as $1.45, and a great shorting opportunity will set up that could take it as low as $1.10-$1.15 next year. We won’t see parity until the Fed announces a convincing exit strategy from its monetary easing, which is some time off. Read more