James AltucherJames Altucher

C.O.B.R.A. Buy Alert: Trade Japan Puts For 50% Upside

Japan has shortages of inputs as well as shortages of labor, but does have a cheap currency. But it may be getting cheap for the wrong reasons, having more to do with inflation and creditworthiness than productivity and low interest rates. Using the C.O.B.R.A. system, Jim and Dan recommend a short position in an ETF that tracks the MSCI Japan Index as the stock prices of major Japanese companies and the Japanese economy more broadly will see a decline in the coming months.