Stockchase Opinions

John HoodiShares MSCI Australia E.T.F.EWACOMMENTJan 18, 2016

Doesn’t follow this too much except that Australia is very much an export driven economy, with most of it going to China.

$16.25

Stock price when the opinion was issued

$28.06

As of Jun 05, 2026. Market Open.

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COMMENT
Australia is heavily resourced space, similar to Canada. Had a good year last year, but the previous 5 years were not so good. When an index has been down for a long time like this, it makes a very interesting play.