Dollar devaluation idea

I posted this idea on LinkedIn here > LinkedIn Login, Sign in | LinkedIn

When the dollar devalues these are the things that historically have done well:

  • Precious metals
  • Commodities
  • Emerging Markets
  • Other inflation-linked assets

Which means one market might benefit from dollar devaluation more than others, because it has high exposure to the above.

That market is … Brazil. The most common (non-compliant) ETF is EWZ which is currently at $28.65.

Zoya I think can create a Halal Version of EWZ? So above would be a good use case!

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