The Sweden ETF (EWD +2.4%) is enjoying a nice rally as the government - currently running a...
The Sweden ETF (EWD +2.4%) is enjoying a nice rally as the government - currently running a surplus - unveils a $4.75B stimulus package and says it expects interest rates to fall over the coming 15 months. The state recently slashed its growth forecast for 2012 from 3.8% to 1.3%, and now says even the revised figure may not get hit.
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