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This Week In ETFs: September 25th Edition
September 25, 2011 at 07:00 AM EDT
This past week saw markets take a wild ride, as investors had a wealth of data and news to digest from around the world. The biggest news came from Fed Chairman Ben Bernanke’s speech on Wednesday, in which he outlined the up and coming “Operation Twist” to make yet another attempt at jump-starting our economy. Apparently, investors were less than impressed as the following day saw a massive sell-off that sent major indexes tumbling. Another surprise came from gold, which fell all the way below $1,700/oz as the week drew to a close, creating an interesting buying opportunity for the wealth of gold bugs in today’s environment [see also Three Reasons Why Gold Is Overvalued]. The ETF world saw a healthy amount of activity with over 10 funds hitting the market, marking a nice uptick in what was something of a summer slowdown for the industry. Below, we outline three [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
This past week saw markets take a wild ride, as investors had a wealth of data and news to digest from around the world. The biggest news came from Fed Chairman Ben Bernanke’s speech on Wednesday, in which he outlined the up and coming “Operation Twist” to make yet another attempt at jump-starting our economy. Apparently, investors were less than impressed as the following day saw a massive sell-off that sent major indexes tumbling. Another surprise came from gold, which fell all the way below $1,700/oz as the week drew to a close, creating an interesting buying opportunity for the wealth of gold bugs in today’s environment [see also Three Reasons Why Gold Is Overvalued]. The ETF world saw a healthy amount of activity with over 10 funds hitting the market, marking a nice uptick in what was something of a summer slowdown for the industry. Below, we outline three [...]
