[Econ Grapher] New Zealand - Safe Haven Or Value Trap?
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Econ Grapher
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Jun 24, 2012, 12:41:56 AM6/24/12
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New Zealand has attracted significant bond flows in recent months as the island nation's status as a safe-haven, or relatively-safe-haven, has been galvanized by Euro worries. But where is New Zealand's economy headed? And does the country deserve this 'relatively-safe-haven' status? And of course, what does this mean for New Zealand's share market - which for most people will be expressed as the ENZL exchange traded fund?