I totally agree with what you said and I actually hope you are right. My two companies are in the US and generate their revenues there almost 100%. I bring some of the profits to EU to live. 0.9 exchange would tattoo a smile on my face. Please make it happen!!! (just kidding)
But details aside, I am bearish Euro yes. This setup is scaaaary. Note that FX is extremely dynamic and things can change seemingly in an instant.
For those interested in macro and FX and want to see what I said where and when, go to X and search @philoinvestor $JPY, and be prepared to spend some time ;)
Yep, I am with you. I don't see how this can survive in the long run and if they really start lowering interest rates, money will flee towards USD, which could start a bad spiral
Great to hear your thoughts on this. Very insightful, as always!
Thank you Sir! 🦉🤗
I totally agree with what you said and I actually hope you are right. My two companies are in the US and generate their revenues there almost 100%. I bring some of the profits to EU to live. 0.9 exchange would tattoo a smile on my face. Please make it happen!!! (just kidding)
If only things were so simple! 😀
I belief in you Philo 👍😊
But details aside, I am bearish Euro yes. This setup is scaaaary. Note that FX is extremely dynamic and things can change seemingly in an instant.
For those interested in macro and FX and want to see what I said where and when, go to X and search @philoinvestor $JPY, and be prepared to spend some time ;)
Yep, I am with you. I don't see how this can survive in the long run and if they really start lowering interest rates, money will flee towards USD, which could start a bad spiral
Agreed. Euro gonna end up as just a funding currency..