A handful of countries and global regions have enjoyed improved economic results and their corresponding stock markets have benefited. Switzerland, for a relatively small country, has some powerful global companies (UBS , Nestlé , Novartis and Roche ) that are well positioned.
The iShare Switzerland ETF (EWL) is up 12% YTD but all of that gain has been in the last six months.
For purpose of full disclosure, EWL is part of our client accounts.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.