Australia ETFs Could Come Back to Earth

The iShares MSCI Australia ETF (NYSEArca: EWA) entered Monday with a year-to-date gain of 6.7%, easily making it one of this year’s best-performing non-leveraged, single-country exchange traded funds tracking a developed market. However, some market observers are concerned that Australia’s interest rates, which are high compared to other developed markets, but low by the country’s…Click to read more at