After starting off the week on a high note, stocks floundered through the next two trading sessions, as investors are fearful that major indexes may slip into negative territory for the second consecutive week. Yesterday’s dip in durable goods did not bode well for the U.S. economy, as Wall Street seems to put more and more pressure on each new data point as the recovery has steamed along. Though the Fed has made no official mention, many speculate that a third round of quantitative easing is on the way which could help boost markets into new highs, as we look to breach pre-recession levels [see also 3 ETFs For The End Of Operation Twist]. Today will see a very important economic indicator released in the U.S., as revised GDP for the fourth quarter of 2011 is announced. While this report does not carry the weight of an initial GDP result, revisions often come attached [...] Click here to read the original article on ETFdb.com. Related Posts: Tax Reform And Dividend ETFs: Cause For Concern? Three ETFs To Watch This Week: EWG, FXE, SPY PowerShares Launches International High Beta ETFs Big Gains And Limited Risk: BTAH Offers A Way Is SPY Overbought?
After starting off the week on a high note, stocks floundered through the next two trading sessions, as investors are fearful that major indexes may slip into negative territory for the second consecutive week. Yesterday’s dip in durable goods did not bode well for the U.S. economy, as Wall Street seems to put more and more pressure on each new data point as the recovery has steamed along. Though the Fed has made no official mention, many speculate that a third round of quantitative easing is on the way which could help boost markets into new highs, as we look to breach pre-recession levels [see also 3 ETFs For The End Of Operation Twist]. Today will see a very important economic indicator released in the U.S., as revised GDP for the fourth quarter of 2011 is announced. While this report does not carry the weight of an initial GDP result, revisions often come attached [...]
Click here to read the original article on ETFdb.com.
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