I don’t typically look too deep into global economies when choosing what names to trade… But right now, there are some solid Japanese stocks for 2022.
So I’ve decided to take my analysis to the next level…
And I found an interesting way for traders to not only take advantage of a rising U.S. dollar, but also have a slight hedge against inflation by trading two different but solid Japanese stocks for 2022.
Get your pen and paper ready to take a few notes on these money-making opportunities
Why I’m Targeting Solid Japanese Stocks for 2022
The U.S. dollar has risen 6.8% so far this year…
But if you look at the Invesco CurrencyShares Japanese Yen Trust (NYSEArca: FXY), designed to track the price of the Japanese yen, it’s down 8-plus percent for the year.
In fact, Barron’s recently published an article that said after Federal Reserve Chairman Jerome Powell was renominated, the dollar surged past a key level against the yen for the first time since 2017.
Powell’s renomination fueled bets that the U.S. might tighten policy faster than it thought…
Now, U.S.-Japan interest rate differentials will also increasingly support the pair as the Fed starts tightening the cycle in 2022.
This means American consumers can purchase more goods from exporting countries… hence the rising dollar could benefit exports over the next few quarters, or when they’re most vulnerable.
It bodes well for Japanese stocks that look super solid, and have attracted billions of U.S. investors over the years.
So check out my short video below to get some solid Japanese stocks for 2022.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. Chuck Hughes wanted to prove the effectiveness of the Triple Threat blueprint with real traders just like us…
So he set them loose with a $50,000 stimulated brokerage to see what type of returns could be possible…
And how it’s been able to help traders succeed in all three market climates.
