1 Response

  1. pkmui1 May 20, 2014 / 12:35 pm

    Enjoy your post. In 2008, aud/jpy went down hard and us treasuries (ie TLT) went up. Now you say that everything goes down and it cash position. Why wouldn’t TLT go up in this scenario if it went up in 2008 when aud/jpy went down hard. thanks.

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