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.htmlFACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!