EWU: Record Rally Contrasts With Crumbling Economy (NYSEARCA:EWU)

Since I last put out a buy recommendation on the iShares MSCI United Kingdom ETF ( EWU ) in late 2023 , it has returned over 50% in total return terms. This has come despite the ongoing deteriorationI am a full-time investor and owner of Icon Economics - a macro research company focussed on providing contrarian investment ideas across FX, Equities, and Fixed Income based on Austrian economic theory. Formerly Head of Financial Markets at Fitch Solutions, I have 15 years of experience investing and analysing ...