How to Bailout-Proof Your Portfolio with This Bearish Dollar Fund
Sep 22nd, 2008 | By Adam Lass | Category: Featured, Financial NewsFirst Bear Stearns, then Fannie Mae and Freddie Mac, then AIG. Now, Hank Paulson wants to bailout an untold number of lenders with bad debt on their books.
Adam Lass says the Treasury, along with the Fed, has effectively taken control over the entire global financial system.
Adam says investors should move quickly to protect themselves from this mess. One way is to buy into the PowerShares DB US Dollar Index Bearish fund (AMEX:UDN).