Riding the NAFTA Flows
=> The recent chest beating from the US forcing Mexico into a "new" NAFTA caused some temporary optimism. However, we see nothing new and mostly the lack of options within EM has been priced in with regards to risks and mid term investment narratives.
=> Combined with our broad view of EM weakness across the board we see capital flight to safety as a sensible and necessary play here.
=> GL
=> Combined with our broad view of EM weakness across the board we see capital flight to safety as a sensible and necessary play here.
=> GL
Note
Stops held here and FED hikes around the corner... expecting bulls to show up any 'minute'Trade closed: target reached
Well done all.. clean and simple ride
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.