EPOL - EPOL: Still Too Early To Buy The Dip
- We will most likely see a continuation of the downward movement in EPOL in the coming days because the reasons for which the previous correction took place are still relevant.
- Poland borders Ukraine and is therefore forced to absorb some of the economic blows from this neighborhood.
- The devaluation of the national currency amid such high inflation has prompted the Polish government to force an interest rate hike higher than previously expected - to 3.50%.
- I am more bearish than neutral regarding the only Poland ETF - EPOL. At least in the medium term.
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EPOL: Still Too Early To Buy The Dip