This post has a theme to which we have turned before, but as I have still not come up with a good answer I wanted to ask everyone again what should we be doing to prepare for 2012?
It seems very likely that Q1 is going to see a eurogasm of some sort, with a high chance of Greece and maybe others exiting the zone. If this turns into a monetary conflagration that engulfs all of the Euro area and the US then all bets are off as to what to do.
Clearly, bank stocks are a complete no no and stocks in general will get whacked in any type of shake out. Commodities too look primed to correlate with any fall.
This really does not leave me with much to look at - Long Norwegian Kroner, long agriculture soft commodities? It is certainly a toughie, but at least 25% of next years portfolio is going to be allocated to eurogeddon protection - but what should that be?