This past week has led to nothing but instability in markets, forcing many analysts to call for a sideways market in the near term, as stocks have posted major losses only to recover the next day for most trading sessions in recent memory. The week ended on a low note as a major board member of the ECB relinquished his position thanks to his opposition to the bond-buying program that is currently in place, sending shockwaves through the euro zone. In other news, President Barack Obama made a major address to the nation over the current unemployment situation. The president outlined a $447 billion job bill that will aim to put more people to work and shift current tax structures in order to spur more hiring. The ETF world saw a nice pickup from its past few months of low growth with 16 new products hitting markets this week [see [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Mr. Market’s Wild Ride ETF Insider: Panic Sparks Gold Rally ETF Insider: Be Wary Of Bargain Shopping Daily ETF Roundup: XLI Jumps On Chicago PMI, DBA Plunges On Crop Report Daily ETF Roundup: DBA Surges On Crop Speculation, PBW Falls On Alternative Energy Woes
This past week has led to nothing but instability in markets, forcing many analysts to call for a sideways market in the near term, as stocks have posted major losses only to recover the next day for most trading sessions in recent memory. The week ended on a low note as a major board member of the ECB relinquished his position thanks to his opposition to the bond-buying program that is currently in place, sending shockwaves through the euro zone. In other news, President Barack Obama made a major address to the nation over the current unemployment situation. The president outlined a $447 billion job bill that will aim to put more people to work and shift current tax structures in order to spur more hiring. The ETF world saw a nice pickup from its past few months of low growth with 16 new products hitting markets this week [see [...]
Click here to read the original article on ETFdb.com.
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