As we make our way into September, investors are trying their best to pretend that August never happened. After last month saw a number of crushing blows to the economy, including a downgrade of U.S. debts and a two-year freeze on interest rates from the Fed, many ran for the hills as fears of a double-dip were reignited. During all of this time, markets swayed violently back and forth, eating away gains that a number of funds had built up over the year. Now that investors are seeking to move past one of the worst months in recent memory, key economic data will be the biggest market mover as well as a barometer for an outlook on the economy [see also ETFs & Sector Rotation: Large Cap, Small Cap, Or International?]. Today will see one of the most important data releases, as the U.S. details the unemployment rates for the [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Markets In Limbo ETFs & Sector Rotation: Large Cap, Small Cap, Or International? Friday’s ETF To Watch: Consumer Discretionary Select Sector SPDR (XLY) Tuesday’s ETF To Watch: Consumer Discretionary Fund (XLY) Daily ETF Roundup: XLY Surges, BLV Continues To Slide
As we make our way into September, investors are trying their best to pretend that August never happened. After last month saw a number of crushing blows to the economy, including a downgrade of U.S. debts and a two-year freeze on interest rates from the Fed, many ran for the hills as fears of a double-dip were reignited. During all of this time, markets swayed violently back and forth, eating away gains that a number of funds had built up over the year. Now that investors are seeking to move past one of the worst months in recent memory, key economic data will be the biggest market mover as well as a barometer for an outlook on the economy [see also ETFs & Sector Rotation: Large Cap, Small Cap, Or International?]. Today will see one of the most important data releases, as the U.S. details the unemployment rates for the [...]
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