FYI: Over the past few years, a curious trade has emerged.
At or around the beginning of the fourth quarter, which starts Oct. 1, investors begin to pile into Japanese equities, as represented by the $17 billion iShares MSCI Japan ETF (EWJ). However, by February of the subsequent year, many of those investors pull their money out again:
Regards,
Ted
https://www.etf.com/sections/features-and-news/q4-japan-etf-trade