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IQ 50 Percent Hedged FTSE Europe ETF IndexIQ ETF Trust
In the final weeks of the decade, equities around the globe have broken out to at least 52-week highs if not record highs as is the case for the S&P 500, and now the Eurozone Stoxx 600.
As shown in the first chart below, the Eurozone Stoxx 600 - priced in local currency (euros) - has finally made a new all-time high. Even as the S&P 500 has more than doubled its pre-Financial Crisis high made in 2007, the Stoxx 600 has just recently managed to take out its 2007 high. And this week the