Sold ITB $24.24 (25%)
+ Good numbers on May housing set up good day to sell
- Housing recovery getting very long in the tooth
- Interest rate hikes are approaching with every passing day
Bought IFN $25.10
+ Modi getting good press
+ India is set for recovery after several years of sub-par growth
+ Emerging markets have been out of favor for about a year which contributes to attractive price
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