Australian Allure: Stocks Down Under Look Inexpensive

The iShares MSCI Australia ETF (NYSEArca: EWA) lagged the S&P 500, the iShares MSCI New Zealand Capped ETF (NYSEArca: ENZL) and scores of other developed markets ETFs last year. That despite the best efforts of the Reserve Bank of Australia, which has slashed borrowing rates by 225 basis points...
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