Andrew Pyle
Maximum Diversification EM ETF
MEE-T
TOP PICK
Aug 16, 2018
This is a play on the emerging markets. He likes this ETF because of the technology behind it. Financials and technicals will dominate this space. He likes the emerging market space. He likes the risk control measures in this.
(A Top Pick Aug 16/18, Down 5%) With EM, he still sees stronger growth coming than in North America--you need diversification. But EM will be volatile. China is a big part of EMs, but has been pressured by US-China trade tensions and a strong US dollar. Any sign of the US softening its trade stance will help the markets. Importantly, if the US dollar weakens, then EMs will improve.
He's owned this for a while. Some feel now is not a good time to get into emerging markets, but he thinks China and India will show solid growth. He's been adding to this during market volatility.
(A Top Pick Apr 05/22, Down 7%) Emerging markets don't do well when the Feds tighten. Also, China hasn't bounced back this year, as expected, because their Covid policy induces more lockdowns. That said, there has been some easing of lockdowns lately. Careful here, because China's vaccination rates remain low.
This is a play on the emerging markets. He likes this ETF because of the technology behind it. Financials and technicals will dominate this space. He likes the emerging market space. He likes the risk control measures in this.