Amid Growth, Australia and ETFs Hit Bumps
August 06, 2008 at 16:30 PM EDT
Australian exchange traded funds (ETFs) might be rubbed the wrong way to hear that the household debt-to-income ratio there is at 177% - higher than that of the United States. Australians have been tapped out by rising fuel costs and increasing mortgage rates, says Carl Delfeld for ETFXray. Consistent growth still reigns, but there have been [...]