Asian Stocks: The Other Side of Pandemic
April 23, 2020 at 06:51 AM EDT
For more than a month now, politicians, businesses and traders have attempted to anticipate the consequences of the global pandemic that has effectively shut down large swaths of commerce around the globe. And while there remains much uncertainty about the coming months, traders have begun to show outsized interest in countries where the virus spread and, therefore, have experienced the longest epidemiological response. Taking a look at Direxion’s collection of international ETFs provides an interesting survey of how these East Asian markets are responding to the months-long pandemic to which they bore early witness.