We are closing our short EEM:arcx trade and booking a loss of 7.5% on the position, or slightly less than our gain on our long China bet, so relatively the hedge has not added a lot of value.
from Peter Garnry - Authored content https://www.tradingfloor.com/posts/update-saxostrats-the-emerging-bull-case-6507743?utm_medium=tf4-feed&utm_source=extract
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UPDATE. #SaxoStrats: The emerging bull case
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