4 ms·
I have exited U.S. market as well, almost a year ago, when the prices were still dropping in the late fall / early winter. Until the USD is the "world currency
by hericium 4y ago
I have exited U.S. market as well, almost a year ago, when the prices were still dropping in the late fall / early winter.
Until the USD is the "world currency", SEC's and U.S.' billionaires' decisions will impact other markets. Would the "world currency" change, some other power's SEC equivalent and billionaires would possibly shake other markets too. Maybe in a less "stable" way for local gain.
But there are other markets than the U.S. and some sectors aren't impacted in a major way by U.S. government's instability, U.S. jobs reports, U.S. social benefits handouts etc. European energy sector is interesting for me and can be dealt with in EUR only. Diversify markets, diversify sectors, diversify currencies. This is the way.