UK Pensions Risk - Time to Rebalance and Allocate to Cash and Gold

UK Pensions Risk - Time to Rebalance and Allocate to Cash and Gold
UK Pensions Risk - Time to Rebalance and Allocate to Cash and Gold
A selloff which started in Asia, driven by renewed liquidation of Chinese and Hong Kong tech stocks and accelerated by weaker metal prices which pushed the Shanghai Composite below a key support and to 4 month lows...
Via GEFIRA,
The world’s third largest economy has an aging and shrinking population and will simply disappear. The low fertility is not unique to Japan. The same problem besets Taiwan, China and Korea as well as the United States and Europe. In the West the establishment has opted for population replacement.
The US Dollar is down over 9% year-to-date against a broad basket of the world's fiat currencies, tumbled over 10% against gold, and has collapsed against Bitcoin; but, as Bloomberg's Garfield Reynolds warns, the dollar's worst year since 2003 is about to get "even grimmer" in 2018...
Via Bloomberg,
The one point of clarity coming out of Washington is that tax reform isn’t about to save the dollar where Fed rate hikes have failed.
Today was a day in the upside-down: Banks underperformed Tech; High tax underperformed Low tax; Momo outperformed Value; Nasdaq outperformed S&P; and VIX down with stocks down...