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The Euro's heading down.
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I think the Euro will go down in value (compared to the US $) over the next 6 months or so.
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Will lose tracking accuracy if held more than 1 day, so definitely will underperform in the long run. No brainer.
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Euro is going down
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Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing
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One of many currencies I have recently made an underperform call on.
If a currency outperforms the s&p for an extended period of time with this little leverage, it will be the new "American dollar" from a new global powerhouse with the military, economic conditions, tax base, stability, and political will similar to the U.S. China is my vote for the future global safehouse, but I can't see global investors trusting their capital with a communist regime. The consensus seems to be that the dollar will be slowly replaced by a basket of stable currencies, and as such, the S&P should outperform these currencies in the long run.
--Wh1sp
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Because Ultras Suck
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As the Euro continue to tank, this will thrive.
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