Short Yen Top ETF Pick for Blumenthal in 2014

investors Investor's Business DailyStephen Blumenthal, CEO of CMG Capital Management Group, picked YCS as the ETF that has the best prospect to outperform in 2014. See the full story in Investor’s Business Daily: Best ETFs For 2014: 9 Picks From 9 Strategists.

Japan is one of the most heavily indebted developed countries on the planet. Its total debt to gross domestic product is over 500%, compared with the U.S.’s 365%. Japanese gross sovereign debt is around 240% of GDP — numbers that are substantially higher than most of the developed countries. They are borrowing to finance over 50% of their government spending. Japan’s public debt breached 1 quadrillion yen this past summer.

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