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Greek ETF oulook with shipping

(Last Updated On: July 6, 2015)

Greek ETF oulook with shipping

A question from a Meetup member:

I’m thinking on trading the subject ETF, once the dust settle and a solution to the economy is found.   The GREK ETF consists of many banks and international shipping companies.
What do you thin would be the trigger to buy this ETF?
I am staying out of the market until I see clarification. China’s Shanghai Composite market and Puerto Rico debt is still not settled. As for this ETF, shipping demand is dry when you look at this:
http://www.seatrade-maritime.com/news/americas/baltic-dry-index-hits-year-high-a-turnaround-in-sight.html
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