According to a September 27 article by Elizabeth O’Brien at SmartMoney.com, many financial advisors believe “The Fed’s aggressive moves to stimulate the economy spell long-term weakness for the dollar.”
The article, “Alternatives to the Drooping Dollar,” describes strategies that several advisors are using to tweak clients’ portfolios in response to the latest round of quantitative easing by the Federal Reserve.
Rick’s recommendation takes the opposite view. He told O’Brien, “Typically, advisers tweak things at exactly the wrong time, like their clients.”
Read the entire article here.