Japanese stocks have been perennial underachievers. So when I suggested on December 20 that investors might benefit from WisdomTree Japan Hedged Equity (DXJ), I was asking certain readers to challenge conventional wisdom. (See “A Foreign Stock ETF For A Rapidly Declining Currency.”)
My thought process on the matter was relatively straight-forward. The incoming prime minister of [...] [...more]
The Economist polls a wide variety of economic forecasters to come up with consensus readings on inflation (consumer prices) and GDP growth. Similarly, Bloomberg has sought median forecasts on year-end changes on world currencies.
Here’s a quick summation on what the business journalists¬†found:
1. Nearly all consumers in the developed world will¬†see rising prices (a.k.a. inflation), though [...] [...more]