detail_page
None
5se95b8j
BUY
10,900
Filled
ACTION
TICKER
SHARES
STATUS

DUKE_TMT Duke Emerging Market Portfolio Management (Fall 2021) Oct 2021

This trade is a hedge against possible underperformance of Chilean companies following a second consecutive interest rate hike by the Chilean central bank. In the last 2 months, the central bank has increased interest rates from 0.75% to 1.5% to now 2.75% over fears of high inflation. This, coupled with stagnant & weak consumer sentiment in Chile, suggests that the S&P may outperform Chile in the short run, especially with an expected continuation of a strong earnings season.