Archives

Archive: August 2021

Scared of Multidecade-High Inflation? Don’t Be…

Even though the long-term fundamental case is solid for EWZ from today’s price, the market has been more focused on bearish factors, including the sharp decline in Chinese stocks and concerns about Chinese demand for Brazilian commodities. We are fast approaching August 20 expiration and our option is now out of the money. So, let’s cut losses on this trade.