There are three rules in economics that need to be explained before an economic forecast can be justified. But before these rules are established, it is a pleasure to report that the extremely long economic malaise that began in 2007, and reached its peak with a deep recession in 2008 into 2009, appears to be over.Read More 2014 Economic Forecast
In an economic environment with a strengthening dollar, a weakening euro and yen, and a steady anticipation of interest rate hikes in the US, the topic of currency hedges comes closer to the spotlight particularly for multinational firms with presence in the US, Europe, and/or Asia. As a result, firms with greater currency risks that have not previously hedged currency may be evaluating whether now is a good time to start. As the experts in value management, value strategy, and value creation, we outline below two items of importance in implementing and managing a hedging policy.