Thursday’s ETF To Watch: MSCI United Kingdom Index Fund (EWU)May 10, 2012 at 04:00 AM EDT
As we approach the halfway mark to the second quarter, investors have lost most of the confidence that defined Q1. With major equity benchmarks soaring and positive data piling in from all around the world, the U.S. economy seemed to finally have some solid ground to stand on. But recent weeks have seen a resurgence of the nagging euro crisis as a number of countries continue to deal with enormous debt piles. But the euro countries are not the only ones to have fallen on hard times, as their neighbors to the north are having problems of their own [see also The Ten Commandments of Commodity Investing]. The United Kingdom’s economy has been struggling along with the rest of the euro zone despite utilizing the pound for its currency. “A four-year austerity program of 81 billion pounds ($130 billion) in government spending cuts has angered the public, and seen economic [...] Click here to read the original article on ETFdb.com. Related Posts: Wednesday’s ETF Chart To Watch: MSCI United Kingdom Index Fund (EWU) Thursday’s ETF To Watch: MSCI United Kingdom Index Fund (EWU) Tuesday’s ETF To Watch: MSCI United Kingdom Index Fund (EWU) Wednesday’s ETF To Watch: MSCI United Kingdom Index Fund (EWU) Five ETFs George Washington Probably Would Have Liked
As we approach the halfway mark to the second quarter, investors have lost most of the confidence that defined Q1. With major equity benchmarks soaring and positive data piling in from all around the world, the U.S. economy seemed to finally have some solid ground to stand on. But recent weeks have seen a resurgence of the nagging euro crisis as a number of countries continue to deal with enormous debt piles. But the euro countries are not the only ones to have fallen on hard times, as their neighbors to the north are having problems of their own [see also The Ten Commandments of Commodity Investing]. The United Kingdom’s economy has been struggling along with the rest of the euro zone despite utilizing the pound for its currency. “A four-year austerity program of 81 billion pounds ($130 billion) in government spending cuts has angered the public, and seen economic [...]
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