2024-07-01 06:50:57 ET
Summary
- This year's rally in Japanese equities has stalled.
- The DXJ ETF benefits from the weakening of the Japanese yen due to its currency hedging feature.
- Macro landscape remains challenging for investors in Japanese equities, requiring careful navigation.
I clearly remember the amount of excitement around the long-awaited rally in Japanese equities at the beginning of the year. However, just a few more months have shown that the Japanese stock market is facing growing challenges....
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DXJ: Benefiting From The Weak Yen, So Far