Australian Allure: Stocks Down Under Look Inexpensive
February 06, 2014 at 11:13 AM EST
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...