Is it Treason to Trade FXI?

Although this sounds crazy this actually weighs on my mind. This narrative came across my desk yesterday morning after a long day of reading up on GLD. Basically FXI is way off the highs and the buying opportunity looks ripe. I mean look at this.

And I understand that this is an iShares product so the beneficiaries are pretty clear, but I seem to always ask the question who does this benefit. Surely if everyone piles in and FXI takes off then China doesn’t grow its GDP, I know how ridiculous that sounds, but I also know traders that are currently looking for more direct exposure to Chinese stocks. And supporting Chinese companies like Temu and SHEIN. And reporting more and more about what Chinese stocks are hot and what’s not. But who does that benefit? If you work for a Fortune 500 company and they have a bad quarterly call, the stock price drops 90%.. They will calmly tell you, oh it’s just the stock. That doesn’t correlate to our day to day operations. This doesn’t impact profits or margins, the market isn’t real life.. And in the same day that they tell you all of this they will cut budgets, cut bonuses, and lay off half of the staff. Idk if it’s just been a long day, or I’ve seen the butterfly effect play out in weird ways. But I’m asking you listener, is it treason to trade FXI?

-Sincerely, another trader that just want’s to pile in.

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