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TTU43: The Case For Currencies As An Asset Class ft. Mark Whitmore of Whitmore Capital Management – 1of2

Top Traders Unplugged

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The Structure of Currency Investing

Current accounts are a significant issue in terms of currencies over time now if current accounts are modestly either in surplus or modestly in deficit situations that generally doesn't have a long-term impact. When you begin to see chronic current account imbalances in either direction that's where one could expect to see significant kind of medium to long-term movements in currencies. Interest rate differentials and the carry trade is sort of like vacuum of nickels in front of the steam roller as well so there's some adjustments that need to be made there.

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