
SOUTH KOREAN OFFICIALS HESITANT ON U.S. INVESTMENT – 63% GAIN – TAKE PARTIAL PROFITS
By Nigam Arora
Buying On Tariff Fears
Back in April, when stocks in South Korea were falling due to the threat of U.S. tariffs, The Arora Report gave a signal to buy the South Korea ETF EWY. EWY was trading at $49.16 at that time.
Trade Deal
South Korea may invest in the U.S. to secure lower tariffs. However, there is a report that South Korean officials are hesitant to invest without currency swaps and other safeguards.
63% Gain
There are nice gains on the Korea ETF of choice EWY. It is trading at $79.97 as of this writing, representing a 63% gain.… Please click here or the title below to read more.