Thursday’s ETF To Watch: COMEX Gold Trust (IAU)

By: ETFdb
Markets seem to be in a state of confusion, as positive news and data is offset by just as many negative factors. Some investors feel that 2012 will continue to see its nice rally, as this past month was the best January for equities since 1997. Others think that the fun is over as a number of potential issues have begun to rear their head. One of the most disturbing bits of news is the potential for Standard & Poor’s to downgrade U.S. debts once again. Though it is merely speculation at this point, another downgrade would likely erase all of the progress we have made since August of last year [see also ETFs For The Capital Preservationist]. For now, investors will have their attention fixated on Fed Chairman Ben Bernanke, as he testifies before Congress on the state of the economy later today. “The appearance will come just a [...] Click here to read the original article on ETFdb.com. Related Posts: 2011 Recap: Another Big Year For ETFs Cost Competition: Inflows Surge For Cheap ETFs November ETF Stats: Small Step Back What’s The Difference? Understanding What Distinguishes Similar ETFs Ten Unexpected Observations On YTD ETF Returns
Markets seem to be in a state of confusion, as positive news and data is offset by just as many negative factors. Some investors feel that 2012 will continue to see its nice rally, as this past month was the best January for equities since 1997. Others think that the fun is over as a number of potential issues have begun to rear their head. One of the most disturbing bits of news is the potential for Standard & Poor’s to downgrade U.S. debts once again. Though it is merely speculation at this point, another downgrade would likely erase all of the progress we have made since August of last year [see also ETFs For The Capital Preservationist].  For now, investors will have their attention fixated on Fed Chairman Ben Bernanke, as he testifies before Congress on the state of the economy later today. “The appearance will come just a [...]

Click here to read the original article on ETFdb.com.

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