This past week featured yet another wild ride for equities as a number of factors combined to jolt markets up and down. The euro-zone saw heightened fears of default early in the week, as major indexes abroad lost more than 4% to open trading. Late in the week, one of the top ECB leaders stepped down from his position as he was opposed to the bond-buying program outlined to help dig the indebted currency bloc out of its hole. Meanwhile, in the U.S., President Barack Obama made a speech about the current unemployment rates and how he plans to solve the issue. The president proposed a $447 billion jobs plan to help put Americans back to work, but only time will tell if the legislation will be able to get past a deadlocked Congress [see also Five Equity ETFs With Low Betas For A Rocky Market]. Looking ahead to the [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Looking Overseas For Opportunities Safe Haven No More: Swiss Franc ETF Collapses On Peg To Euro Daily ETF Roundup: VGK Falls On More Debt Woes, UUP Jumps On Franc Peg Top Three Currency ETFs Of 2011 Daily ETF Roundup: VGK Sinks On Downgrade Worries, DBB Rises On Copper Strength
This past week featured yet another wild ride for equities as a number of factors combined to jolt markets up and down. The euro-zone saw heightened fears of default early in the week, as major indexes abroad lost more than 4% to open trading. Late in the week, one of the top ECB leaders stepped down from his position as he was opposed to the bond-buying program outlined to help dig the indebted currency bloc out of its hole. Meanwhile, in the U.S., President Barack Obama made a speech about the current unemployment rates and how he plans to solve the issue. The president proposed a $447 billion jobs plan to help put Americans back to work, but only time will tell if the legislation will be able to get past a deadlocked Congress [see also Five Equity ETFs With Low Betas For A Rocky Market]. Looking ahead to the [...]
Click here to read the original article on ETFdb.com.
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