Inflation, Housing Numbers Show ETFs, Markets Still In the Thick Of It
August 19, 2008 at 14:00 PM EDT
Life is getting more expensive these days, and exchange traded funds (ETFs) could reflect it. Wholesale prices are shooting up at their fastest clip since 1981. Inflation surged 1.2% in July, more than twice what had been expected, reports Martin Crutsinger for the Associated Press. Blame energy and food costs. Prices excluding food and energy [...]