TITLE

PREPARE FOR A STORM

AUTHOR(S)
Hanke, Steve H.
PUB. DATE
April 2007
SOURCE
Forbes Asia;4/23/2007, Vol. 3 Issue 7, p31
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the possibility of an economic recession in the U.S. In February 2007, economist Alan Greenspan warned of the possibility of a recession. Brokerage houses have warned that if a recession occurs, house prices could decrease by 10 percent and the stock market could decline by 30 percent. The author advises investors to purchase out-of-the-money call options on the Japanese yen in anticipation of a recession.
ACCESSION #
25030754

 

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