15.01.2015 - 2015: The Currency War
War sounds scary. In the traditional sense, war evokes casualties and loss. For investors, currency wars simply convey economic redistribution. For instance, if there were only two stores in town selling identical items and one store raised prices while the other store lowered prices, demand would certainly follow the discount … but overall demand would be the same. Think of global central banks as the pricing departments for their respective countries. With sluggish demand and inflation pestering global economies, pricing departments have to become more aggressive to lure shoppers. So don’t be scared, but be aware. Currency war games will direct markets in 2015. Now let’s meet the combatants …..............................................Full Article: Source
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