Developed Markets (EFA) on The Desk

Every Tuesday Target write-up on Developed Markets (EFA), newest first: 2 so far. Each page carries the thesis, why it mattered and what to watch, and where the trade has closed, what came of it from the Track Record.

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  Developed Markets (EFA): Erosion, a Crowded Haven and a Clipped Wing

  3 June 2025 · Tuesday Target 23/52

  Why Dimon's dollar warning describes erosion more than collapse, why Big Tech's haven status is fragile, and how an EFA broken-wing butterfly fits.

  What came of it: I closed this trade, on EFA, on 13 June 2025, after 11 days, at +12% on the capital at risk.
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  Developed Markets (EFA): Summer Chop Under Hypersonic Skies

  6 May 2025 · Tuesday Target 19/52

  Why a hypersonic strike near Ben Gurion, starvation as leverage and a stumbling Merz all argue for range-bound premium decay in Europe-heavy EFA.

  What came of it: I closed this trade on 22 May 2025, after 17 days, at -3.7% on the capital at risk.