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The outsourcing of jobs is a trend that has been going on for a while and it's full effects will take a while to be seen. Initially, there were lower prices that made it look beneficial, but over the long run I believe the loss of jobs and more importantly the US trade deficit, will become a HUGE problem. (I think it already is a big problem)
I have a computer program that I use to trade commodities and currencies. I have been trying to get better results from the program so I back tested the system against every major commodity and currency back to 2001. That was as far back as I could go due to Microsoft and the way they don't make things forward compatible. I was looking at whether the program worked better trading long or short or both. What I found is that with many of the grains and currencies, the program worked much better going long as there have been long uptrends over the last decade. For some commodities, the system worked well both long and short, such as copper or soybeans.
There was only one market that I could find that traded best going short only, which indicates long down trends. I'll give you one guess what it was.
The US Dollar.
Have a nice day
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