“Comparisons to Lehman Brothers are inevitable, but there are major differences. First, the world remembers 2008 and Lehman Brothers and people have been warned. In contrast, when Lehman was close to the end, most people expected the Fed and the US Treasury to stage a last minute rescue as they did six months before with Bear Stearns. No one expects an instant fix for Greece. Some have taken precautions – money has been flowing out of Greece to the rest of Europe for several months. Second, attention will shift to European countries which some investors worry about: Spain, Portugal, Ireland or Italy. The good news is that these are in better shape than a few years ago and in much better shape than Greece,” said David Blitzer, chairman of the index committee, S&P Dow Jones Indices, in a note out earlier this week. http://www.etftrends.com/2015/04/indexology-greece/
Investors have added a combined $5.5 million to the Global X FTSE Portugal 20 ETF (NYSEArca: PGAL) and the iShares MSCI Ireland Capped ETF (NYSEArca: EIRL) this month.
iShares MSCI Italy Capped ETF
ETF Trends editorial team contributed to this article.