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VGK - Germany (And The EWG ETF): The Giant Keeps Shrinking
Vanguard FTSEEuropean
Germany (EWG) is Europe's (VGK, EZU, HEDJ, FEZ) largest economy, and likely will remain so as far as the eye can see. However, things are far from being rosy, neither for the German economy nor for the German stock market.
Germany seems to can't stop its free fall when it comes to global competition.
The total market cap of German stocks, as a percentage of the global market cap, has fallen below 2.57%. This isn't only a near an eight-year low, but also more than 40% below the