For Europe ETFs, Unemployment Rates Don't Mean Much
May 09, 2013 at 13:54 PM EDT
At least not in 2013. The eurozone is contending with a jobless rate of around 12 percent, but when it comes to country-specific ETFs tracking European nations (both eurozone members and those that are not), the returns are not always tightly correlated to a country's employment picture. This is something of