1.Despite the *rally* (yep they're going up), Chinese tech stocks $Invesco China Technology ETF(CQQQ)$ are trading at a 20% discount vs long-term average...
Plenty scope for upside for this deeply-doubted corner of global markets
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2.Mutual Funds have over time been forced into holding less and less cash (and more and more index hugging)
This probably makes sense in a lower rates world, and in a world where passive is king (and asset allocators make the cash % decision)
$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$
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