The BIG Story for 2015 - Currency War
Back in September we highlighted funds to enable you to benefit from a resurgent US dollar. But this is just one part of a much bigger Global Currency War, which we believe may be the big theme for 2015. The losers are VERY significant: China, Germany, Russia, emerging markets. Oh and US equities.
In recent weeks this trend has been re-confirmed by a huge advance on Japan's QE (sending the yen even lower), and increasing turmoil surrounding the Russian rouble.