The huge rally on Wednesday was eye-catching by any measure, with shorts taking profits after President Trump and his administration trying to placate market panic. Although the U.S. government has been shut down for a while, I guess it won't be a decisive factor in determining the market move. Robust retail sales probably will support the market rally. In the...
Basically, FXI trade in a wide range in the last 10 years, as shown in the chart. Although valuation seems cheap after -20%+ slump in 2018, I suggestion investors take cautions when considering investing in this mainland ETF, as economic slowdown show no sign of abating. the fundamentals of China's growth has stretched far and exhausted because of high debt and...
