Confession - I’m a Euro bear … fundamentally speaking.
And that flies in the face of the “conventional wisdom” one hears on almost every street corner these days. Not to mention from the lips of the likes of George Soros and Warren Buffett.
But lets not confuse issues. On long term fundamentals I’m a Euro bear, on short to medium-term “trades” I’d be foolish not to be a Dollar bear and Euro bull.
But it’s the fundamentals that interest me most. Of course the technicals are fine to enable one to eat, but its in the fundamentals - and I’m talking hear about the global economic picture – the BIG PICTURE - not just about “selective” fundamentals, plucked out to justify one position or another – that you’ll find where we’re ALL headed in the long term.
Sure, at the moment the euro is between a rock and a hard place. Eurocrats and […]