in a hypothetical market crash (stocks ect), what should we short? RBS recntly annouced that a market crash may be very soon. Pls gib advice to a noob here.
thanks in advance
Firstly, establish if RBS has a prop.trading desk on the other side of the trade.
Sell it all! Run away! = Sell us all your stocks.
Buy fixed income! Protect urselves! = Buy our bonds before they go bust!
"Looks like 2008 again."
^They're wrong. The real risk is Sovereign Debt risk. They're either stupid, or dishonest.
It probably won't be particularly easy for the majority to profit from what's coming. Even less so if you follow the advice of bankers.