Short the Euro, Buy Japan Hedged SmallCap ETF Says Saguenay CIO

The ProShares UltraShort Euro ETF (EUO) is the best way to play the continuing devaluation of the Euro, said Brian Walsh, Chief Investment Officer of Saguenay Strathmore Capital. Walsh added that the ECB will soon follow in the footsteps of the Bank of Japan and further debase the Euro to promote growth. He said the WisdomTree Japan Hedged SmallCap Equity ETF (DXJS) will benefit from growth in the Japanese economy, despite recent headlines about a recession. Finally, Walsh is positive on the MainStay Marketfield Fund, saying the multi-asset class, liquid alternative fund will turn around in the coming year as inflation rises.