Click here to read the original article on ETFdb.com.
Related Posts:- No Related Posts
This Week In ETFs: August 12th Edition
August 12, 2012 at 09:00 AM EDT
Markets struggled to find a definitive direction this week as investors waited for any news concerning central bankers’ futures actions. With no significant headlines and the corporate earnings season winding to a close, U.S. equities continued to drift aimlessly, as will likely remain the trend in the coming weeks. Stocks managed to eke out a gain by Friday’s close, but only by a slim margin. Economic powerhouse China reported an unexpected drop in its trade surplus on Friday, leading more people to believe that growth is cooling off in what has otherwise been a hot spot for economic activity. This report along with several other blaring red flags shows just how dire the global situation actually is. Without additional action from central bankers, many investors fear the slowdown could get much worse [see also 7 Simple & Cheap ETF Model Portfolio]. The ETF industry had a slow week on the product development front, with only one new fund hitting the [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Markets struggled to find a definitive direction this week as investors waited for any news concerning central bankers’ futures actions. With no significant headlines and the corporate earnings season winding to a close, U.S. equities continued to drift aimlessly, as will likely remain the trend in the coming weeks. Stocks managed to eke out a gain by Friday’s close, but only by a slim margin. Economic powerhouse China reported an unexpected drop in its trade surplus on Friday, leading more people to believe that growth is cooling off in what has otherwise been a hot spot for economic activity. This report along with several other blaring red flags shows just how dire the global situation actually is. Without additional action from central bankers, many investors fear the slowdown could get much worse [see also 7 Simple & Cheap ETF Model Portfolio]. The ETF industry had a slow week on the product development front, with only one new fund hitting the [...]
