C.O.B.R.A. System Buy Alert: 50-100% Upside in Australian Dollar Puts
Australia is being hit with a triple-whammy from slow growth in the U.S., slow growth in China, and a new COVID outbreak in Sydney. When your hands are tied
on fiscal and monetary policy, the easiest way to boost your economy is by cheapening your currency. Using the C.O.B.R.A. system, Jim and Dan recommend a short position in FXA as an expected decline in the AUD will benefit this trade.