Mar
15
U.S. Investors Have Capitulated on Europe at the Worst Possible Time
By-
U.S. traders withdraw money from euro-area ETF for fifth week
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Euro Stoxx 50 heading into bull market since February low
U.S. investors in European shares have capitulated at the worst possible time.
They pulled $1.6 billion from the iShares MSCI Eurozone ETF in the past five weeks, including the biggest withdrawals since 2014. But the outflows gained traction just as the region’s shares bottomed in mid-February, with traders missing out on a 15 percent rally for the Euro Stoxx 50 Index since then…
U.S. Investors Have Capitulated on Europe at the Worst Possible Time
