From Jack Crooks at Blackswan Capital:
We continue to be long-term euro bears. Recession and tension will most likely continue despite the so-called pledge of "unlimited sterilized bond buying." Continue to hold long the UltraShort euro ETF (EUO). If already holding this position, you may consider adding on any bump higher in the euro. If you do not already hold this position, we think it makes sense to add it now.
And from Bill Gross's September newsletter at PIMCO:
If I were an individual investor, I would do this: Balance your asset mix according to your age. Own more stocks if you are young, but more bonds if you are in your 60s, like myself. If you choose an investment advisor, a mutual fund, or an ETF, make sure that your fees are minimized. After all, if overall returns average 3–4% annually how can you possibly afford to give 100 basis points of it back? You cannot. And be careful. The age of credit expansion which led to double-digit portfolio returns is over. The age of inflation is upon us, which typically provides a headwind, not a tailwind, to securities price – both stocks and bonds.
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