This past week presented yet another frustrating set of circumstances for investors to digest. Not only have European woes been weighing heavily on markets, but the U.S. debt committee has until Wednesday to pass an important budget haircut and for the time being, all signs point to a deadlock. August saw equities tumble when the committee nearly failed to reach an agreement as investors endured one of the most volatile months in recent history. Overall, equities had a rough week, with two straight days of heavy losses that could not be recovered from. Perhaps the biggest story on the week came from oil smashing through the $100/barrel mark, though crude would subsequently fall the following two days. Though the coming week is relatively sparse as far as data is concerned, all eyes will be fixated on Congress as they will be something of market makers for the majority of the week [see [...] Click here to read the original article on ETFdb.com. Related Posts: This Week In ETFs: February 26th Edition Daily ETF Roundup: USO Surges On Crude’s $100 Milestone, VGK Tumbles On More Euro Drama Ten Best ETF Performers Over The Last Five Years (Including A Few Surprises) Wednesday’s ETF Chart To Watch: iShares Barclays 20 Year Treasury Bond Fund (TLT) ETF Insider: Bulls In Drivers Seat
This past week presented yet another frustrating set of circumstances for investors to digest. Not only have European woes been weighing heavily on markets, but the U.S. debt committee has until Wednesday to pass an important budget haircut and for the time being, all signs point to a deadlock. August saw equities tumble when the committee nearly failed to reach an agreement as investors endured one of the most volatile months in recent history. Overall, equities had a rough week, with two straight days of heavy losses that could not be recovered from. Perhaps the biggest story on the week came from oil smashing through the $100/barrel mark, though crude would subsequently fall the following two days. Though the coming week is relatively sparse as far as data is concerned, all eyes will be fixated on Congress as they will be something of market makers for the majority of the week [see [...]
Click here to read the original article on ETFdb.com.
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