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Bus/Financial - Investment / Securities | | English term or phrase: consensus trade | | most investors expect the euro to weaken further, suggesting this is now becoming a consensus trade |
| | | German translation:allgemeine Trendrichtung | Explanation:
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Isn't the axiom that you can only make money if you bet against the consensus itself a consensus? Does that mean the only way to make money is bet with the consensus because the consensus says you should bet against the consensus? But how do you do that? Do you bet with the consensus by betting against the consensus because, after all, that's what the consensus says to do? How do you bet with the consensus and against it at the same time?
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| Selected response from:
  Kristin Sobania
Germany
Local time: 01:28
| Grading comment | 2 KudoZ points were awarded for this answer |
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