Lots of chat in the UK press today about bankers ‘shorting’ GBP last Wednesday/Thursday based on a leak of the mini-budget, and earning fortunes as a result. How does one ‘short’ a currency?
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From a retail investor perspective, the best thing you can do is just avoid stocks/funds focused around that particular country.
Since 2016 (and then re-enforced in the 2019 election) I’ve not bought in to any UK focused funds or companies. It seemed obvious to me (especially after 2019) that the UK was going to flag relative to the global economy. And since I’m already heavily invested in the UK (house, job, etc) it seemed obvious to diversify into other economies.
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