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EWA - EWA: With U.S. Stocks Above Their 2020 Highs It May Be Time To Consider Oz
iShares MSCI Australia Index Fund
Australia has officially entered a recession, but that could spur further deregulation and recovery efforts, helping stocks.
The banking sector got a boost from a recent announcement of lending regulations. While it may pose longer-term problems, this is a short-term win, in my view.
The country's relationship with China is a headwind going forward. However, a growing trade relationship with India could soften the blow.