If one focused his/her attention solely on year-to-date performance, he/she might eschew foreign stock ETFs altogether. With the S&P 500 SPDR Trust (SPY) and the iShares S&P Mid-Cap 400 (IJH) garnering 18% and 22% respectively, who needs to dabble in emerging markets? After all, Vanguard Emerging Markets (VWO) registered a dismal 9-month showing of -8%.
Think [...] [...more]
Last month, the mere rumor that¬†China¬†was looking at purchasing Italian bonds sent stocks¬†surging higher.¬†However, it is¬†far more likely that¬†China¬†will take¬†a¬†”wait-n-see” approach.
Consider the contentious nature of international trade and currency disputes between China and the developed world. In response to a widespread belief that China keeps its currency artificially low, the U.S. Senate has been advancing [...] [...more]