It seems that a Communist dictatorship pretending to be a proper business environment is starting to show cracks in the facade, as China (represented here by way of FXI) continues to crumble away. If a country fund looks THIS bad in a year which has been laughably and insanely bullish and overvalued, you can only imagine that a weak world market would be like. Of course, the most common theme for 2024 is to BUY CHINA since it’s so cheap. Well, prepare for it to keep getting cheaper.
