EPOL

Weekly Report: what happened at EPOL last week (0408-0412)?

Flora Growth Enters Distribution Agreement To Expand Presence In Poland And Neighboring Countries

Flora Growth Corp. Has entered an exclusive distribution agreement with Me Raw Trade Ltd. To distribute both JustCBD and Vessel branded products in Poland. Me Raw is an independent company focused on bringing novel and high-end products to the Polish market. The Polish medicinal cannabis market is expected to be worth at least €2.0 billion by 2028.

Weekly Report: what happened at EPOL last week (0401-0405)?

Just Transition And Emerging Markets: Weighing The Risks

The concept of a "just transition" is gaining ground among investors concerned about the social risks of moving from fossil fuels to alternative energy sources. Coal- or oil-exporting countries with undiversified economies may face significant transition risks. These risks are particularly high in emerging markets. The Just Transition Index measures countries across a range of key indicators.

Weekly Report: what happened at EPOL last week (0325-0329)?

EPOL: A Matter Of The PLN

IShares MSCI Poland ETF (EPOL) is substantially exposed to Polish financials. Wage growth in Poland means inflation will be higher for longer, but inflation is attenuating. Inflation is good for the PLN, and it's good for financials for now, before cost of deposits rises. High rates and attenuating inflation should mean a strong Zloty. The new government of Poland is more pro-EU.

EPOL Still Has Value After 2023 Dominance

IShares MSCI Poland ETF performed better than the S&P 500 in 2023. Poland's economy is forecasted to see modest growth in the near term. The fund's value is still cheap despite its impressive 2023 performance. I like the fund's niche value in the Eastern European market.

Weekly Report: what happened at EPOL last week (0318-0322)?