ETF Winners And Losers From First Week Of Earnings Season

Heading into the second half of the year, investors are divided over where global financial markets are headed. There is no shortage of bears, who point to depressing unemployment and consumer confidence figures as evidence that the recovery is quickly losing momentum (or perhaps never really had any in the first place). Others believe that the storm clouds over Europe are beginning to clear, and that sustained economic expansion in the emerging markets will be a catalyst to global growth. Against this uncertain backdrop, investors welcomed yet another highly important earnings season last week. Most Wall Street analysts expected corporate earnings to show a healthy increase from last year, when the economy was still mired deep in a recession. An impressive show in second quarter earnings could strengthen the argument that the U.S. recovery continues to plod along, despite weakness in overseas markets. On the other hand, a run of [...] Click here to read the original article on ETFdb.com. Related Stories: Earnings Season Kicks Off: ETF Winners And Losers Earnings Season Highlights Emerging Market Financial ETFs Technology ETFs In Focus As Yahoo And Apple Report Earnings