Riding the NAFTA Flows
Mis à jour
=> 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 fermée: cible de profit atteinte
Well done all.. clean and simple ride
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