June 28, 2022

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

China Optimism

Please click here for a chart of Xtrackers Hvst CSI 300 China A-Shs ETF (ASHR).

Note the following:

• Give it to the momo gurus – they excel at coming up with a new narrative persuading investors to buy stocks if the old one does not work.
• The latest narrative is to buy stocks on China cutting quarantine time for international travelers.  Previously, quarantine time was 14 – 21 days depending on the destination and city of entry.  Under the new regime, international travelers will have to quarantine for only seven days.