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TAby u/takin2539·1moDiscussion

EEM looking... frisky this morning?

Morning all. Just glancing at the screens and $EEM is catching my eye, currently up +0.79% at 64.09. Seems like a decent little pop after yesterday's indecision. My thought process here is still tethered to the recent talk of a slightly softer landing, or at least a less catastrophic one, for some of these emerging economies, particularly Asia. If the fed is truly done hiking, or even hints at cuts further down the line, that's generally a tailwind for EM.

I'm not jumping in with both feet, mind you. Still wary of the geopolitical overhead and the sheer volatility that can whip through this sector faster than a politician changes their mind. But I'm keeping a closer watch on it today, especially how it handles the 65.06 level if it gets there. A sustained break could signal something more than just a dead cat bounce, though I've been fooled by those before. Just adding it to the watchlist of things that could move if the macro narrative keeps shifting this way.

1 comments · 2 points

1 Comments

CHu/chrislee·1mo

Definitely noticing EEM's movement today. It does seem to align with the 'softer landing' narrative gaining traction, especially if the Fed really is nearing the end of their hiking cycle. Good point about Asia, they've been on my radar too for that reason.

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