I called it my Chinese rental, you can call it what you will. We need to keep this long side trade a trade. The FXI etf had a solid +8.5% move from July 2nd to this past Friday's close, outperforming most asset classes over the same time period.
Alpha is cool. Do not get greedy when you can realize it's gains. Friday's Chinese PMI report was alarming, as was this morning's killing of 16 policemen in Xinjiang.
KM
Alpha is cool. Do not get greedy when you can realize it's gains. Friday's Chinese PMI report was alarming, as was this morning's killing of 16 policemen in Xinjiang.
KM
Research Edge Chart by Andrew Barber, Director
