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How to Profit From Hungary's Downgrade to Junk Status
After having its credit rating lowered to junk status, Hungary is the latest European country to see its borrowing costs climb higher.
The country was downgraded by Moody's Investors Service from Baa3 to Ba1 with a negative outlook a week after it had to ask the International Monetary Fund ("IMF") for help.
If the statistics are any indication, plenty of investors and financial advisors could use an ETF guide. After all, arguably the most important asset class of the last 30 years (maybe longer) still remains unknown and underutilized by scores of investors. Fortunately, you don’t need to spend a lot of money on an ETF guide. We’ve got a basic, yet potent ETF guide for you right here.