On Friday, CGW fell roughly 1/3 as much as broader domestic and global benchmarks. Equally worthy of note, the fund had hit fresh 52-week highs in the week.
Obviously, if the U.S. fails to reach an accord, it's unlikely that stock assets of any stripe would survive the stampede for the exits. That's why it's critical for ETF investors to maintain an unemotional discipline for reducing downside risk.
That said, the recent rise in transportation stocks and water stocks is telling me that investors are growing increasingly confident in China's economic prospects.Follow @ETFexpert This article was written by an independent contributor, separate from TheStreet's regular news coverage.
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