Abenomics is the real deal. Japan isn’t fucking around with their perverse version of QE, one that is virtually without boundaries. At $1.4 trillion, Japan’s QE is helping their equities shit on all other markets, especially their Chinese counterparts. For the year, the NIKKEI is up around 6%.
The other index that is outperforming is Russia, up 12% for the year. Truth be told, Russia’s gains are more of a dead cat bounce, after getting their fucking clock cleaned last year, amidst a currency crisis and spiraling stock market. Like China, Russia is entirely a scam, so I’d avoid.
The other markets that are outperforming are France (+10%) and Italy (+18%). This is a reflection of the euro getting hammered, providing a competitive advantage for their greasy corporations. For the most part, Europe has been an excellent place to invest, ever since they started QE.
The last real economy that is outperforming is Germany, up 3%. They’ve been hampered due to exposure to China and their retarded automobile companies, who comport themselves in the most fraudulent ways.
Other indexes with phantom economies are ripping higher in 2015, such as Venezuela (+200%), Jamaica (+39%), Argentina (+30%), Hungary (+31%), Iceland (+29%), Denmark (+26%), Portugal (+19%), Ireland (+17%). But those markets aren’t really real; they’re super phantom.
How to play them? Don’t be a jackass; just buy the ETFs.
Japan: EWJ
Russia: RSX
France: EWQ
Italy: EWI
Germany: EWG
So the GS ETF, GEM (70% Asia ex Japan, emerging Europe, mid East, and Latin America) would be mostly those phantom economies?
Can’t help feeling that this will all end
Badly soon
Wetf?