Hi elmat, We have a wager for a beer and my bet is the October low will be pierced to the downside, and by substantial %.
Japan may or may not serve as an example, but Japan is everyone's banker, is the best and most productive of all developed manufacturing economies, and is, per capita, the wealthiest of the larger developed economies.
I may make fun of the Japanese, but I do not speak about them on the same page with <<Poland, Czech Republic, Hungary and Slovakia, ... LATAM>> ;0)
In the scheme of natural economic territories, I would not bet LTBH on LATAM and Eastern Europe, except for a bounce play.
Chugs, Jay |
