“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Emerging Europe Update
With 42% of this fund in energy stocks (mainly Russian), this ETF is probably not what most investors think of as Emerging Europe. Nevertheless, if oil prices tank because of global economic slowdown, or if any geopolitical trouble shows up in Russia, this fund should be a good candidate for some serious downside.