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IQ 50 Percent Hedged FTSE Europe ETF IndexIQ ETF Trust
Well, the story is beginning to come out. The world economy has taken a big hit!
On Wednesday, we got the news that the US economy had dropped by 4.8 percent from the fourth quarter of 2019 to the first quarter of 2020.
On Thursday, we got the news that the eurozone fell by an even larger amount in the first quarter of 2020. The decline amounted to an annualized 14.2 percent.
The larger drop in Europe was attributed to the fact that the pandemic hit Europe earlier and European countries responded with a broader