Even with debt deal concluded by 2nd August, the US is in no way out of the woods yet. A huge budget deficit remains and there is no firm plan to dictate how and where to cut government spending. Europe is still in a big mess with several economies on the brink of default, of which Greece has already incurred a ‘soft’ default. So where does that leave us; the investors looking to make sure our portfolios perform with minimal risk possible? The key lies in diversification across different assets and tough times call for defensive positioning. Let’s examine a few options for diversifying during these times. Swiss Francs Swiss Franc is considered the safe haven currency for years and many investors flock to Swiss Franc when other major currencies such as US Dollar and Euro are under pressure. And for good reason, Switzerland is one of the most stable ......