This week poor earnings reports from both technology and materials sectors lead the downward charge for indexes overall, as analysts try to decide what this will mean for the market overall. Tech has often been seen as the “canary in the coal mine” for future market conditions, causing many to exit early on Friday. Overseas, after weeks of Spain mulling over the idea of an European Central Bank loan, German Chancellor Angela Merkel has put her foot down and stated that the currency and transitive inflation Spain wants to add into its country will not be a part of this ECB bailout plan, and Spain is on its own. This would mean more debt on the already overburden Spanish economy, but would keep the rest of the eurozone from following them into debt all over again [see Citigroup Rally Lifts Financial ETFs]. Four new unique ETFs launched this week, including Vanguard’s take on inflation protection [...] Click here to read the original article on ETFdb.com. Related Posts: PowerShares Adds High Dividend ETF UBS Launches Mortgage REIT ETN With A 24.8% Yield TDIV: Where Technology Meets Dividends Vanguard Launches Short Term TIPS ETF August ETF Roundup: Launches, Filings, And Closures
This week poor earnings reports from both technology and materials sectors lead the downward charge for indexes overall, as analysts try to decide what this will mean for the market overall. Tech has often been seen as the “canary in the coal mine” for future market conditions, causing many to exit early on Friday. Overseas, after weeks of Spain mulling over the idea of an European Central Bank loan, German Chancellor Angela Merkel has put her foot down and stated that the currency and transitive inflation Spain wants to add into its country will not be a part of this ECB bailout plan, and Spain is on its own. This would mean more debt on the already overburden Spanish economy, but would keep the rest of the eurozone from following them into debt all over again [see Citigroup Rally Lifts Financial ETFs]. Four new unique ETFs launched this week, including Vanguard’s take on inflation protection [...]
Click here to read the original article on ETFdb.com.
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