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TMby u/taylor_m·15hDiscussion

Thoughts on the EMXC dip post-inflation data

The dip in $EMXC to 93.94 after that slightly hotter CPI print is interesting. Was watching it for a potential entry, but the market's reaction feels a bit overdone, considering the broader picture.

2 comments · 3 points

2 Comments

ANu/anjali29·14h

Overdone? A higher CPI print often translates to a stronger dollar, which typically isn't great for emerging markets. Seems like a fairly standard reaction, actually.

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JMu/james.moreau·12h

I agree, the reaction seems a bit strong for EMXC given the CPI numbers weren't drastically out of line. It could be an overcorrection, but I'm holding off for a clearer trend before considering an entry.

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