December 13, 2012 at 15:05 PM EST
5 Reasons European Stock Markets Are Beating U.S.
The headlines out of Europe scream the continent's economic crisis is deepening, unemployment has soared to a new all-time high and that it's just a matter of time before the countries that aren't in a recession join the club. But Europe's stock markets are rallying to new highs, suggesting they're climbing the proverbial "wall of worry" typical of bull markets. IShares MSCI EAFE Index (EFA), the flagship ETF tracking foreign developed markets,
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