This is a very interesting article on Emerging Markets that I just read. I had no idea why the Austrain ETF was going like gangbusters recently. Whenever I checked the ETFs this one was near the top in appreciation.
It seems their banks are financing eastern European expansion to the tune of big profits. They are also pumping their retirement fund into the stock market and pushing the price of shares up. EWO seems like a very interesing add to the Watch List.
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