Shipping ETF Sails Out Of The Storm
October 22, 2014 at 08:20 AM EDT
The shipping industry-related exchange traded fund is seeing clearer skies as China increases imports of raw goods. The Guggenheim Global Shipping ETF (NYSEArca: SEA) rose 2.6% Tuesday. Year-to-date, SEA has declined 9.1%. China is purchasing a record amount of commodities, importing an average...