Many traders and investors fail to look at currency devaluation when choosing stocks to trade.
So what does this fancy term mean, and what the heck does it have to do with your trading?
First, let’s get some context. The ongoing trade war between the U.S. and China is sending ripples through the stock market. It’s like a rollercoaster these days.
And this is on a global scale and, of course, involves currency. So it’s important to take the time to understand devaluation and how it can affect you as a trader. Now, let’s get into the dirty details…