EWT. So today I took another dip, this time into EWT, which is iShare MScI Taiwan. Simple idea, really. China can now invest in Taiwan, which should bring a lot of money into the market over the long term.
Generally, I don't like ETF's, I prefer individual stocks. ETFs tend to average out returns, as opposed to picking out the leader in a group, whose return should exceed the group. Still this is a country play, and a fundamental, structural change in how much money goes into this market.
Stress Tests. Once the stress tests are done, I have a hard time seeing what can drive the market higher, so it may very well be time to consider fading the rally.
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