Pricey, but Australia ETFs Still Rising
May 07, 2014 at 10:00 AM EDT
Record low interest rates in Australia are encouraging investors to gobble up stocks in the world’s 12th-largest economy despite record valuations and some exchange traded funds are benefiting. Over the past 90 days, Australia’s benchmark S&P/ASX 200 has climbed nearly 7%. Now, the index trades...