EWU: Record Rally Contrasts With Crumbling Economy

Core Insights - The iShares MSCI United Kingdom ETF (EWU) has achieved over 50% total return since the last buy recommendation in late 2023, despite ongoing economic challenges [1] Group 1: Performance Analysis - The ETF's significant return highlights its resilience in a deteriorating economic environment [1] Group 2: Analyst Background - The analysis is provided by a full-time investor and owner of Icon Economics, a macro research company focused on contrarian investment ideas based on Austrian economic theory [1]