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CXSE - International Economic Week In Review For 4/20-4/24
WisdomTree China ex-State-Owned Enterprises Fund
The international environment is still a high-risk affair that should generally be avoided. The global economy remains mostly locked-down due to the pandemic. Over the last few months from economic data has radically changed from modest expansion to the worst contraction since the Great Depression.
However, for investors who have a high-risk tolerance there are two potential trades. The first is to go long on the [[FXI]] - the ETF that tracks China. The investment thesis is that the worst of the pandemic is over there and that the country will be able to restart