iShares MSCI Sweden Index (ETF) (AMEX:EWD)
Exchange Traded Funds
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Recs
more volitle than SP catching on downswing, huge middle class, not on the euro, government does not allow preditory lending - banks are fine.
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MSCI Sweden index etf
at 52 w low
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No subprime here and the economy will slowly recover.
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I like Sweden. Cool country.
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Sweden is a very productive country
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stock of the week
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Sweden is an up incoming market, it has made great changes in its politics which will greatly benefit their market, this is a nice basket of Swedish stocks. I usually don’t like ETF’s, but this is a safe way of getting the most out of the situation.
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Sweden has always put economic balance, 'the middle way', as their most important issue for the last hundred years or so. Despite the fact they've had their bouts with high unemployment rates, and extremely high taxes due to the social welfare state of the country, they are solid, and the economy is booming - and it should be noted.
The high influx of refugees and immigrants is putting strain on the welfare system, but it is also bringing cheap labor. I think they'll be okay, and grow around it.
Probably the most important thing is that they are slowly privatizing what was once a monarchy and a socialist state. As this economy becomes more and more private, we'll get ready to see an explosive economic boom.
Go Sweden!
Recs
Steady performer that provides a nice hedge against effects of a falling dollar.
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Sweden economy is very strong, dollar is weaken which will make this stock outperform the US market.
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Sweden, as one of the world's oldest constitutional monarchies, has a very stable currency and government. Sweden's central bank additonally just raised interest rates.
Sweden's economy is prmarily service based.
I see this etf as a double play:
1. Sweden's economy has been on a tear lately, and I believe this economy will outperform the U.S.'s in the nearterm.
2. I believe the falling dollar will be a crucial factor, and will especially juice returns.
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This one has been on a tear.
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Currency values will keep this outperforming for quite some time, as there is no end in sight for the budget deficit... damn Bush!
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Strong GDP growth, innovative and financial healthy companies.
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EWD - Swedish index fund that does extremely well
in a highly disciplined and transparent market. Up over 32% this year.
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Strong and stable market, and the ETF is tracking some of the best companies available anywhere. Plus new government is looking to spin off several state-run businesses such as, oh, Absolut Vodka makes Vin & Sprit, the two legal gambling outfits, and the country's only pharmacy chain. Add a weakening dollar, and IShares Sweden should perform quite well for a long time.
Recs
Strong Foreign Market. Dollar Weak, Crisis worldwide
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