Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Sunday, April 28, 2013
Short Currencies Game
Sorry for the ugly post. Waiting on breakfast in Anaheim of all places. iPod posts don't lend to clever tables or alluring graphics.
Anyway I was reviewing the state of Europe and wondered about ETF sector performance and more importantly relative performance. Here's a table of currency ETFs:
A couple things pop out when you pair them.
YTD: double short Euro, Euro, double long Euro.
+1.63%, -3.50%, -3.00%
Currency exchange ETFs are obviously run by would be mortgage brokers who couldn't pass the ethics test.