While the worlds investing community continues to concentrate on what is happening in Europe, due to the recent quantitative easing recently announced by the European Central Bank, you may be wondering how you can play the situation.
What is Going on in Europe?
But before we get to how you may be able to profit, let's look at what is happening. Last week the European Central Bank announced they would buy 60 billion Euro worth of bonds each month until the end of September 2016. This will essentially put 1.1 trillion euro into the European economy in an effort to help it get moving again. The quantitative easing process injects cash into an economy (increasing the money supply) which keeps interest rates low, making it easier for consumers and businesses to borrow, in the hope they will do so and boost economic growth. Continue reading "One ETF to Play the European QE"