This is fun. I’m splitting mine into three trades.
First, I’m going long the US dollar and short the South African rand (USDZAR). I think the short dollar trade is crowded and plus it was part of Trump/Mnuchin platform, admitted or not, to aim for a weak dollar. Yellen, although not necessarily a strong dollar proponent, will be pressured to bring strength back for a number of reasons.
Second, I’m buying crude oil. Look for demand to surge back once travel restrictions are lifted. Dems in charge of both houses and the presidency means drilling moratoriums and lots of regulation being brought back in US. But mostly pent up travel demand and recovery form global shock/shutdown.
Third, I’m buying Bitcoin. Still lots of room to run. Hedge funds have committed and are buying huge blocks. Inflation is real and is coming. Look for infrastructure spending and more stimulus to speed it along. The Fed has committed to lower for longer and also promising to let inflation run hot before acting.