Unemployment and Where Does the Hot Money Go
Hot money flows through markets. The hot money was in commodities, especially precious metals and oil. Where will it go next?
My gut tells me forex. If you want easy ins and outs with less slippage, try trading CME currencies. I know one big firm that moved a guy into currency options-first time they have tried to make a dent there. I also have spoken with some really excellent independent traders that are trading there, and learning.
Honestly, I used to think it would go to US Treasuries. But, I think the Fed will be on hold for longer than people estimate. But, the Dollar vs any other currency trade is going to rock.
Read more at Points and Figures
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