After a much needed injection of cash into the American economy, this week was much less eventful than previous ones. Speculation of bad news set stock prices low Wednesday after the White House approached Congress with its own plan for the fiscal cliff. After an announcement by President Obama and Speaker Boehner that fiscal discussions have progressed, even if there is a difference of opinions, stocks bounced right back up. The UN recognized Palestine as a nonmember state, 138 votes to 9, the United States and Israel being two of the no-voting countries, leading to further tension in the Gaza strip. The Bundestag in Germany approved another wave of bailout loans to struggling Greece, which brought the economy up after a beginning-of-the-week slump [also see November ETF Roundup: Launches, Filings, and Closures]. FactorShares launched a new line of precious metal ETFs; its first new funds since being acquired by GenCap Ventures. These products include a [...] Click here to read the original article on ETFdb.com. Related Posts: FactorShares Files For Miners ETFs ETF Pop Quiz: Ghana, Gurus, And Bill Gross Daily ETF Roundup: CORN Soaring, Markets Still Boring 5 Most Popular New ETFs Of 2012 (So Far) The Most Successful ETFs Of All-Time
After a much needed injection of cash into the American economy, this week was much less eventful than previous ones. Speculation of bad news set stock prices low Wednesday after the White House approached Congress with its own plan for the fiscal cliff. After an announcement by President Obama and Speaker Boehner that fiscal discussions have progressed, even if there is a difference of opinions, stocks bounced right back up. The UN recognized Palestine as a nonmember state, 138 votes to 9, the United States and Israel being two of the no-voting countries, leading to further tension in the Gaza strip. The Bundestag in Germany approved another wave of bailout loans to struggling Greece, which brought the economy up after a beginning-of-the-week slump [also see November ETF Roundup: Launches, Filings, and Closures]. FactorShares launched a new line of precious metal ETFs; its first new funds since being acquired by GenCap Ventures. These products include a [...]
Click here to read the original article on ETFdb.com.
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