War is term that is thrown around a lot in our daily vocabulary. Most prevalent is the Iraq or Afghan war. But we also hear about the airlines having “fare wars” or McDonald’s and Burger King having the “Burger Wars”. War is about one side defeating the other.
In the world of Finance there are “Currency Wars” between countries. Countries try to
manipulate the “price” of their currency (Dollar, Yen, Euro) and in turn it makes their goods
cheaper to buy for foreigners. For example, if the Yen is cheap we can buy a lot more “Stuff”
from Japan for the same amount of Dollars.
Read the Thought of the Week to learn how GFPC’s investment committee has taken market positions so our investors can benefit from the possible upcoming “Currency Wars”.
Click Here for the Weekly Thought As an Investment Advisory Representative working in conjunction with Global Financial Private Capital (GFPC) we are provided weekly thoughts on what is happening in the economy and the market. Written by our investment committee at GFPC we find these thoughts to be informative and interesting.
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