Turkey ETF Outranks Global Stock Markets In 2012
Posted on December 10, 2012 at 16:40 PM EST
Turkey has flown higher than all global stock markets this year and could very well be the best investment in Europe for years to come, thanks to its improved credit rating, government reforms, low unemployment rate and young population full of workers and consumers. IShares MSCI Turkey (TUR) soared an eye-popping 60% so far in 2012. That's phenomenal compared to the 14.72% return for iShares MSCI EAFE Index (EFA), tracking developed markets, and