There appears to be a changing of the guard now. The developed markets are out, energy is out, natural resources are out. The new trades appearing are India, Indonesia, Japan, Malaysia, and Mexico.
Base on the US indicators I believe there will be a sell of in the US after the 4th of July and then that will be the time to add to the above markets.
It is too early to indicate what will be the new trade for the rest of the year. It appear to be Asian markets which have not performed well this year. We need several weeks to confirm this trade.
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