One of the major stories in recent weeks has been the resurgence of the U.S. dollar against many of its major rivals, as the greenback has reclaimed much of the ground lost in recent months against the yen, pound, and Australian dollar. But the dollar’s biggest surge has come against the euro, which has been battered by troubling events in two euro zone countries. [click to continue…]
Earlier this month, iShares launched the Emerging Markets Eastern Europe Index Fund (ESR), offering U.S. investors an efficient way to gain exposure to an often overlooked corner of the European market. While there are countless European ETF options, these funds generally focus on the developed economies of western Europe, including France, Germany, and the United Kingdom. ESR will compete most closely with an ETF product from State Street, the SPDR S&P Emerging Europe ETF (GUR). While these ETFs are very similar in many ways, there are some key differences between the two that could be of critical importance to those considering an investment in emerging European economies. [click to continue…]
When domestic and international equity markets tumbled in the first three months of this year, bargain hunters were overwhelmed with possibilities. As price-to-earnings ratios plunged into the single digits, those who follow the Buffett mantra “be fearful when others are greedy and greedy when others are fearful” were presented with one of the best buying [...]