Careful Talking Your Book

Though I don’t spend too much time worrying about it, I often wonder where our esteemed leaders – financial and political – have their money hidden away. Where are their investments?

Let’s assume for a moment these folks target the foreign exchange market for capital gains. It’s likely they’re part of a large net short position on the buck. They discuss their decisions to spend, spend, spend ... their need to print, print, print ... or their need to cut, cut, cut.