Long EWG
Updated
European equities have been an out performers for 23 and I look for that trend to continue. This can be accomplished by a long position in EWG - iShares MSCI Germany ETF. At the moment the rally should be entering a good supply zone so I will look to add to longs on any pullback which should be short and shallow.
Note
I still expect European and Emerging equities to outperform US this yr. But with risk off sentiment returning to the market I will look to close longs and reenter at a more favorable price.
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