One of my favorite pair trade ideas for 2017 is to short the US market, perhaps via the SPY or S&P 500, and go long an international market which a much cheaper valuation. The S&P500 rose 10% in 2016 while most other markets around the globe had flat or negative returns.
Let’s take a look at the top 5 reasons why you should be short the S&P500 in 2017.
1. The Fed Might Actually Raise more Than Once
The Federal Reserve stated they would raise interest rates 3-4 times in 2015 and 2016 yet only raise once. In 2011 to 2014 they said they would start raising....More>>>