I find these two charts absolutely fascinating right now in the face of the geopolitical changes happening. This idea stems from a pretty simple question: Who stands to benefit the most should supply chains need to be retooled because our current providers fail? If the economy in China implodes due to civil unrest or a structural change in CCP/PRC leadership,...
first i see it in the higher time firm than it was selling all so there was inbalance
South Africa is one Emerging Market economy poised for success given the recent dollar weakness. Today's retail sales data, +2.6% YoY vs 0.4% last month proves sequential acceleration in the macro data. Moreover, the noise around Eskom and SAA has been going on for years now and is merely noise. The only cause for concern would be a further downgrading of the...
iShares All World Index ( ACWI ) vs Nasdaq 100 ( QQQ ) vs S&P500 ( SPY ) vs Emerging Markets (EEM) vs South Africa ( EZA ) highlights how very poorly South Africa has compared to the world, emerging markets and the USA.
Date released on the 1st show South Africa to be contracting at a faster pace (worsening), express caution!
South Africa ETF, showing a triple top in the mid 70s on the all time high chart. The country is about to run out of clean water, a civil war is looming. Media refuses to cover it as well, so normies won't dump it till its too late. My largest position right now. Will sit in this until it dumps.
Update from an older post. Still hiding in $EZA shorts as I think its the safest play right now. (USD goes up, EZA down) (EMM goes down, EZA goes down) (Entire market goes down, EZA goes down) (South Africa breaks into civil war or domestic problems, EZA goes down)
another short for EZA, told you lads back in March this was a layup
If you still want to open shorts on $EZA now is the time.
The South African Constitution will be amended to steal land from farmers. The place is going to go downhill fast. Expect Prices in the Mid teens when this all ends.