From John Rubino: For the past few years, homeowners just about everywhere have been able to finesse life’s problems by thinking “at least my house is going up.”
From Zacks: The Australian economy remained strong in the first quarter of 2018 with GDP growth of 3.1% compared to 2.4% in the last quarter of 2017. The reported growth was above expectations of 2.8% expansion and marked the quickest annual growth rate since second-quarter 2016.
From Franklin Templeton Investments: As US-China trade tensions continue to make headlines, some investors may not realize the fallout will affect many other economies, one being Australia.
From Franklin Templeton Investments: In 2017, the Bank of Canada and the Bank of England joined the US Federal Reserve in raising interest rates from at or near record lows.
Today we look a closer look at the “Land Down Under,” via ETFs that deliver exposure to Australia and New Zealand.
From Zacks: The outlook for the Australian economy is really good. The earnings season turned out to be the best in the last decade, thus providing a base for the stocks to achieve new highs.
Investors seeking big momentum need to look at the iShares MSCI Australia Index Fund (EWA). This fund just hit a fresh 52-week high of $21.65 today, and is now up 30.89% from its 52-week low price of $16.54 per share.
“The Land Down Under” has now gone two and a half decades since its last recession, a remarkable feat that should spur continued investor interest in the country.
NYSEARCA:EWA, NYSEARCA:ECH, NYSEARCA:EZA
NYSEARCA:FXA, NYSEARCA:EWA, NYSE:TM