Big Mac Trade


Decided to try out a trade from the Big Mac index I talked about yesterday.  I like the long RMB here but being short Euro given how awful the outlook is for the USD doesn’t feel right.  PPP is a long long term concept so I’ll see how this looks in 1 year.  I don’t pay any commissions for stock trades so this little experiment costs nothing.  EUO is a 2x short which is why the delta$ is only 50 bucks.
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