To call the last few weeks volatile would be an understatement. Markets have some of their most violent trading days in recent memory, as the beginning of August brought multiple days with swings higher than 5% in major equities indices. Amid a botched debt negotiation and a downgrade of U.S. debts by Standard and Poor’s, investors have been on something of a roller coaster ride as of late. While many hoped that September would bring markets into the black, they were unfortunately let down. Just two days into the month, a dismal report came in with zero jobs added for the entire month of August, a level that was far less than consensus estimates [see also Three ETFs Down Over 30% In 2011]. So with September keeping the hits coming, investors are furiously scrambling to their favorite safe havens. While some have left equities altogether, many are simply looking for [...] Click here to read the original article on ETFdb.com. Related Posts: May ETF Roundup: Launches, Filings, and Closures August ETF Roundup: Launches, Filings, and Closures EGShares Rolls Out India Consumer ETF Not Just EEM & VWO: Emerging Markets ETF Options This Week In ETFs: August 7th Edition
To call the last few weeks volatile would be an understatement. Markets have some of their most violent trading days in recent memory, as the beginning of August brought multiple days with swings higher than 5% in major equities indices. Amid a botched debt negotiation and a downgrade of U.S. debts by Standard and Poor’s, investors have been on something of a roller coaster ride as of late. While many hoped that September would bring markets into the black, they were unfortunately let down. Just two days into the month, a dismal report came in with zero jobs added for the entire month of August, a level that was far less than consensus estimates [see also Three ETFs Down Over 30% In 2011]. So with September keeping the hits coming, investors are furiously scrambling to their favorite safe havens. While some have left equities altogether, many are simply looking for [...]
Click here to read the original article on ETFdb.com.
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