John Taylor, chief executive officer of FX Concepts LLC, the world’s largest currency hedge fund explains why he is very bearish on the Euro and believes it will decline below parity with the dollar. Taylor says the market is still overly optimistic on the Euro crisis and believes we’re still likely to see defaults and defections from the Euro:
Source: Bloomberg
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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