No. of Recommendations: 7
What happened? I’m sure he explained this but… listeners beware! From 3/25 I think 🤔
Since I have often posted sundry trades I've done, I thought I'd pass this along.
I'm divesting from the US. I've already sold all my T-bills and sold (so far) 96% of my US stock positions including everything in my quant portfolio. I've converted the existing US cash to other currencies, and will convert the rest after trades settle.
I still have some derivatives, most of which I will let run off in an orderly way. And a couple of stock positions that I'll ease out of.
I'm in the process of opening a brokerage account with a Europe-based firm, planning to move assets out of my current one whose parent is in the US.
Jim
