Mega-Caps Go Down After International ETFs Falter
September 10, 2008 at 18:00 PM EDT
Our market’s troubles have been slamming both global exchange traded funds (ETFs), and in turn, it’s boomeranging right back around and hitting mega-caps. European and Japanese companies are suffering as much or more than U.S. large-cap companies, and growth and profit numbers are pointing toward possibility of a global recession, although we are not technically experiencing [...]