Published by Zeb BhamArgonaut Capital's David Gerstenhaber has declared that he is remaining long on China's yuan, as investments he has held for more than a year will strengthen if the currency rises in global forex trading.Mr Gerstenhaber is one of a handful of fund managers who achieved a positive return during the financial crisis, but he told Bloomberg that further caution will be needed to deliver profits again this year.As such, he is betting against industries which will be at the frontline of an economic slowdown, such as materials, energy and property construction.Meanwhile, Shawn Bergerson, the founder of Waterstone Capital, which achieved profit in both 2007 and 2008 while thousands of other funds were closing down, said he is betting against consumer-related stocks."While I'm not expecting a major economic crisis or a disaster, the consumer is in a weak position," he commented.Traders will today be looking ahead to the latest US unemployment figures to gauge whether this position is worsening.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site.