National headlines are being made by Prince William and Kate Middleton as they tie the knot, attracting international newscasters and organizations. Can this media frenzy rally the long forgotten United Kingdom’s stock market and exchange traded fund (ETF)?
The iShares MSCI United Kingdom (NYSEArca: EWU) has not seen much action of late. [Report: ETFs in UK are Going Retail.]
Can the hype of the royal wedding add a spark to get shy consumers spending again? Will the flood of media and newscasters, along with well-wishers draw a healthy chunk of capital to local markets? Time will tell, but it certainly can’t hurt. [UK ETF: Was The Growth A Fluke?]
iShares MSCI United Kingdom
Tisha Guerrero contributed to this article.
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.