NEW YORK ( ETF Expert) -- There are scores of erroneous beliefs that mislead the investing public. However, few are as dangerous to one's portfolio as the notion that economic growth correlates to stock market performance.Consider the inglorious ride for Chinese equities via SPDR S&P China (GXC). In 2010, China's GDP growth rate topped 10%, while GXC managed a modest total return of 7.5%. The S&P 500 SPDR Trust (SPY) garnered double-digit percentage gains in spite of sub-par GDP.
ETFs for Rising Consumption and Manufacturing Activity in China
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