How to Play China’s New Stimulus Package (at a 17% Discount)

When I show you a chart like the one below, your first thought might be that we’re looking at, say, the recent stock performance of NVIDIA (NVDA) —or maybe a biopharma firm that just dropped a breakthrough treatment: Not a Tech Stock—Just a “Boring” Index Fund But you’d be wrong. What we’re looking at here is the iShares MSCI China ETF (MCHI) , an index fund tracking the Chinese stock market, up to its peak early last week. That jump is the direct result of the Chinese Communist Party’s recently announced stimulus package. The gains have attracted the attention of Chinese day traders and speculators, as well as those in the West.… Read more