When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
EWY - EWJ: Japan's Economy Is Heading For A Slowdown Investors May Want To Stay On The Sidelines
iShares Inc MSCI South Korea
ETF Overview
The iShares MSCI Japan ETF (EWJ) owns a portfolio of Japanese stocks. The ETF basically tracks the performance of the MSCI Japan Index. This fund has high exposure to cyclical sectors that generally do not do well in an economic downturn. Japan’s economy is also heading for a slowdown, as indicated by the declining manufacturing PMI and consumer confidence index. Therefore, we think investors may want to stay on the sidelines until there is better visibility.