SPEU

SPDR Portfolio Europe ETF (SPEU) - $0.1744.30-Day SEC Yield of 2.22% as of Sept. 18.Payable Sep 24; for shareholders of record Sep 22; ex-div Sep 21.

The final months of the year are going to be extremely challenging for the global economy, with experts predicting another significant wave of COVID-19 which risks further restrictions around the world at the expense of businesses that are already struggling to cope.Central banks are likely to be called upon again before the end of the year, and while the ECB opted against laying the groundwork for more stimulus, others may not be so hesitant.With the Fed adopting a slightly modified framework, more easing could be coming.

For some time now I've been saying that I expect the U.S. and U.K to recover markedly faster than the eurozone.As the various economic numbers are coming out we see that this is actually so.Be underweight eurozone therefore, overweight U.K. and U.S.