{"id":18190,"date":"2025-06-09T13:34:59","date_gmt":"2025-06-09T19:34:59","guid":{"rendered":"https:\/\/fundamentalis.com\/?p=18190"},"modified":"2025-06-09T13:34:59","modified_gmt":"2025-06-09T19:34:59","slug":"emerging-markets-ex-china-emxc-poised-to-make-new-all-time-high","status":"publish","type":"post","link":"https:\/\/fundamentalis.com\/?p=18190","title":{"rendered":"Emerging Markets Ex-China (EMXC) Poised to Make New All-Time-High"},"content":{"rendered":"

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This weekly chart of the iShares Emerging Markets ex-China (EMXC) is poised to trade to an all-time-high if it can trade above the June, ’21, $63.74 high tick almost exactly 4 years ago.<\/p>\n

It’s been a long time since anyone had anything good to say about emerging markets.<\/p>\n

As someone who will never own a Chinese security directly, (and don’t care to see any Chinese securities in international funds or ETF’s), the EMXC is one of the few ways to play ex-China directly, via one security.<\/p>\n

China is roughly 33% of the emerging markets index despite it being the 2nd largest economy in the world at present, behind only the good ‘ol USA. After what happened with Jack Ma and the scrubbing of the ANT Financial IPO in 2017 and 2018, the Chinese basically decided that the Chinese people were getting a little too excited about capitalism and decided to squash the “green shoots” of capitalism, as all communist countries do, forcing Jack Ma into a (supposedly) self-imposed exile.<\/p>\n

As one of client’s “non-correlated” positions, the EMXC ETF has been a long-time holding, but is still just a small percentage or weight in terms of client assets.<\/p>\n

Wait for the breakout.<\/p>\n

What is a top 10 position within client accounts is the JP Morgan Developed Int’l Value Fund (JFEAX) which was up +23.91% as of last Friday, June 6th’s, 2025, market close.<\/p>\n

Europe has really shone brightly so far in 2025, and some long-dormant asset classes, like international equity, and commodities like gold and silver, have suddenly taken off, both probably tied to the weaker dollar.<\/p>\n

Watch the EMXC chart and let’s see what happens in the next few weeks and months.<\/p>\n

None of this is advice or a recommendation, but only an opinion. Past performance is no guarantee of future results.<\/p>\n

Thanks for reading.<\/p>\n","protected":false},"excerpt":{"rendered":"

This weekly chart of the iShares Emerging Markets ex-China (EMXC) is poised to trade to an all-time-high if it can…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[102,290,346],"tags":[],"class_list":["post-18190","post","type-post","status-publish","format-standard","hentry","category-emerging-markets","category-emxc","category-jpmorgan-intl-developed-value-jfeax"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/18190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18190"}],"version-history":[{"count":6,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/18190\/revisions"}],"predecessor-version":[{"id":18197,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/18190\/revisions\/18197"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}