Did you make a mistake with the "currency devaluation trade"? JPMorgan Chase: Don't rush to short the dollar; a better option is to short low-interest currencies.
"Currency devaluation trading" has been prevalent for many years, but if it is simply understood as shorting the US dollar, it may be a misguided approach. A recent analysis by JPMorgan Chase suggests that while fiscal deficits, inflation, and monetary expansion do drive capital flows to assets such