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Safer than cash

2016 has begun gloomily. Economists at RBS are warning of a "cataclysmic" year, and most Britons expect a financial crisis. Of course, these are only risks, but we must consider low-probability, high-impact events when investing. The obvious - and largely correct - response to such risks is to hold cash. For some of us, however, this cash should take the form of foreign currency.

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By Chris Dillow,
21 January 2016

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Chris Dillow

Chris spent eight years as an economist with one of Japan's largest banks. Here, he provides insightful commentary on the latest economic news and data, along with thought-provoking articles about investor behaviour.

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