tag:blogger.com,1999:blog-5785935717428454542.post6516135113905624753..comments2023-09-15T10:48:11.850+02:00Comments on The old version of Steen Jakobsen blog: Buy land- they are not making it anymore - Mark TwainUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5785935717428454542.post-47225439820561490112009-05-07T20:11:00.000+02:002009-05-07T20:11:00.000+02:00While I see the rationale for your SEK trade, I th...While I see the rationale for your SEK trade, I think the problem with the idea is the current dichotomy between structural and cyclical concerns. IMO, the structural outlook for the UK is not good, but the market has been very happy to buy Sterling because GBP is cheap on valuation models (as is SEK) and the easing in financial conditions in the UK is positive for GBP (same story in Sweden). <br /><br />As you know, the market can ignore the structural story for a long time, as was the case with the USD in the last recession, when equity inflows trumped deficit concerns for quite some time.<br /><br />As ever, good trading, and thank you for sharing your thoughts. Best, MWMWnoreply@blogger.comtag:blogger.com,1999:blog-5785935717428454542.post-73661269283930400842009-04-22T13:05:00.000+02:002009-04-22T13:05:00.000+02:00Buying combination of long-term bond ETF's, combin...Buying combination of long-term bond ETF's, combined with small defensive stocks....health care, mining, utilities... then....add some puts on the market through either negative etfø's or outright put buying....<br /><br />AND.. hedge everything in currency....I am long US dollar, jpy and SGD...<br /><br />you can always write me direct: jakobsst@gmail.com ...<br /><br />SteenSteen Jakobsenhttps://www.blogger.com/profile/06384863764298294081noreply@blogger.comtag:blogger.com,1999:blog-5785935717428454542.post-12165894497911548472009-04-22T10:08:00.000+02:002009-04-22T10:08:00.000+02:00Steen,
what's your recommendation for just protect...Steen,<br />what's your recommendation for just protecting capital-networth on a macro level. Or, how are you protecting your clients accounts from currency erosion, are you parking funds in USD, Euro's, and etc?Anonymousnoreply@blogger.com