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This Week In ETFs: December 23rd Edition
December 23, 2012 at 09:00 AM EST
This week, the market was very low key up until Thursday night, when Speaker John Boehner said that he would be willing to work with House Democrats and President Obama on their plan for ending the fiscal cliff. Many investors saw this as a sign of higher taxes in 2013 and the U.S. market took a turn for the worst. Bank of America and Disney experienced some of the largest dips, each losing about 20 points before noon on Friday. Outside of the United States, Italian Prime Minister Mario Monti announced that he will resign on Friday, after only a few years in office during the Euro Crisis and recovery period [see 101 ETF Lessons Every Investor Should Learn]. This week saw the introduction of three new dividend ETFs from FlexShares: the Quality Dividend Index Fund (QDF), the Defensive Index Fund (QDEF) and the Dynamic Index Fund (QDYN). They all follow a common strategy of investing [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
This week, the market was very low key up until Thursday night, when Speaker John Boehner said that he would be willing to work with House Democrats and President Obama on their plan for ending the fiscal cliff. Many investors saw this as a sign of higher taxes in 2013 and the U.S. market took a turn for the worst. Bank of America and Disney experienced some of the largest dips, each losing about 20 points before noon on Friday. Outside of the United States, Italian Prime Minister Mario Monti announced that he will resign on Friday, after only a few years in office during the Euro Crisis and recovery period [see 101 ETF Lessons Every Investor Should Learn]. This week saw the introduction of three new dividend ETFs from FlexShares: the Quality Dividend Index Fund (QDF), the Defensive Index Fund (QDEF) and the Dynamic Index Fund (QDYN). They all follow a common strategy of investing [...]
