Black Monday

[NeverQuestion]

Odd question. Did anyone put part of their portfolio in Yen when things were not looking so great back in 2007/2008? Is that something commonly done when things are not looking so flash?

[arc]

Odd question. Did anyone put part of their portfolio in Yen when things were not looking so great back in 2007/2008? Is that something commonly done when things are not looking so flash?

Not personally. The time period is interesting though.


https://www.poundsterlinglive.com/ba...usd/USD-to-JPY


The yen strengthened/appreciated compared to US$ between 2007 - 2012, [118 range in 2007 down to 79 range in 2012]
roughly 66% gain, all while the stock market took a hammering and values fell.


If/when another recession occurs it will be interesting to track global currencies.

[Beagle]

Harbour Asset Management's latest view https://www.harbourasset.co.nz/resea...acro-research/
Their latest fact sheet showing major asset allocations for their premier Australasian fund https://www.harbourasset.co.nz/asset...quity-Fund.pdf

[dobby41]

Not personally. The time period is interesting though.


https://www.poundsterlinglive.com/ba...usd/USD-to-JPY


The yen strengthened/appreciated compared to US$ between 2007 - 2012, [118 range in 2007 down to 79 range in 2012]
roughly 66% gain, all while the stock market took a hammering and values fell.


If/when another recession occurs it will be interesting to track global currencies.

Playing currencies is a whole other ballgame.

[GTM 3442]

Odd question. Did anyone put part of their portfolio in Yen when things were not looking so great back in 2007/2008? Is that something commonly done when things are not looking so flash?

I looked at it in 2012-2013 but decided against it. And indeed against Japan in general, based on their demographics.

[arc]

Things are moving, fingers are going into the dyke.

https://www.scmp.com/business/compan...drives-private

https://www.scmp.com/economy/china-e...and-themselves

[janner]

Things are moving, fingers are going into the dyke.

From my distant memory.. Those fingers from the boy saved the town..

[Valuegrowth]

There had been massive bond sell-off everywhere. Asian stocks are also getting sold off. In South Korea after stocks foreign sell off have spread to bonds. It seems Australasia and Japan has escaped from market selloff.The strength of dollar is now hurting U.S. companies' earnings. Sharp stock market sell-offs usually send buyers into the Treasury market. But bonds continued to drop. I am wondering where investors will reach next.

[winner69]

There had been massive bond sell-off everywhere. Asian stocks are also getting sold off. In South Korea after stocks foreign sell off have spread to bonds. It seems Australasia and Japan has escaped from market selloff.The strength of dollar is now hurting U.S. companies' earnings. Sharp stock market sell-offs usually send buyers into the Treasury market. But bonds continued to drop. I am wondering where investors will reach next.

......all those shares still have an owner don’t they valuueinvestor

[Valuegrowth]

Exactly winner. They are just changing ownerships each other.