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EWO

Thanks to strong economic recoveries in Germany and France, the 16-country euro zone has now officially exited its worst recession in a half century. According to data released on Friday, the euro zone grew by 0.4% in the third quarter, compared with a 0.2% decline in the second quarter. Although the news strengthened hopes of a sustained global recovery, many European economies continue to contract, facing strong headwinds on their recovery track. [click to continue…]

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Germany ETF Surges On Election News

by on September 29, 2009

Over the weekend in Germany, an alliance between the conservative Christian Democratic Union and the pro-business Free Democratic Party claimed a majority in Germany’s lower house of Parliament that could set the stage for slashes to government spending and income taxes. German Chancellor Angela Merkel now has a partner who supports implementing tax cuts, not massive government spending, to spur economic growth. The FDP also shares Merkel’s desire to ease back on laws protecting workers from dismissal and establish a national minimum wage. [click to continue…]

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Europe ETFs: All Over The Board

by on July 28, 2009

Over the past several months, concerns over the fallout from the massive stimulus plans, rising unemployment, and continued weakness in corporate earnings have left many investors rethinking their allocations to U.S. equities. Once considered an essential element of any portfolio, American stocks have fallen out of favor with some investors who have shifted assets towards [...]

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