WisdomTree Dreyfus Chinese Yuan ETF To Be As Big As GLD?

Daryl Jones, Managing Director, Macro, Hedgeye Risk Management talks with Forbes about what he sees as the direction of the market. Daryl thinks the market is 20-30% over priced he anticipates earnings to decelerate.

Daryl is willing to give some recommendations saying he is long the Chinese Yuan, and likes the WisdomTree Dreyfus Chinese Yuan (NYSE:CYB). Robert Lenzner, interviewing on behalf of Forbes, interjected that he thinks this ETF will actually be as big as the GLD given time. Daryl also is long Chinese equities Morgan Stanley China A Share Fund (NYSE:CAF), he likes oil iPath S&P GSCI Crude Oil TR Index ETN (NYSE:OIL), gold, and Yield curve flattening ETFs liKe iPath US Treasury Flattener ETN (NYSE:FLAT).

See the full interview below:

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