1. I like short CNY – think it is a good long-horizon trade
2. Short AUD makes sense too, but AUD have depreciated a lot. See my most on Kiwi conundrum from earlier this year. NZD is possibly a better was of expressing this short.
3. I don’t like short S&P, because I don’t know how far it can rally before the next crash.
CIO, HonTe Investments. Ran global macro at JPM. Yahoo! Finance Contributor. Ph.D. in Mathematics. Author, The Next Perfect Trade. No investment advice.
