Equity markets soared to multi-month highs last week as investors digested encouraging economic data on the home front coupled with positive corporate performance surprises. Wall Street ended the week on a high note after the unemployment rate fell to 8.3%, paving the way for the bulls before Superbowl weekend. Looking forward, with earnings seasons dwindling down to its final releases, investors will need to once again consider the situation in Europe. Greek debt woes have resurfaced early this week as lawmakers overseas continue to struggle to reach a bailout agreement. With no major economic data releases at home this week, investors will likely have to shift their attention back to the debt burdened currency bloc, whether they like it or not. Weekly Outlook The coming week will be filled with central bank meetings and key inflation data releases. Below, we highlight ETFs that may see an increase in trading activity [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Bulls Look To Stampede Over Euro Drama ETF Insider: Bears Are Lurking Around The Corner ETF Insider: Euro Woes Weigh On Earnings ETF Insider: Beware Of Lingering Euro Fears ETF Insider: Stay On The Defense
Equity markets soared to multi-month highs last week as investors digested encouraging economic data on the home front coupled with positive corporate performance surprises. Wall Street ended the week on a high note after the unemployment rate fell to 8.3%, paving the way for the bulls before Superbowl weekend. Looking forward, with earnings seasons dwindling down to its final releases, investors will need to once again consider the situation in Europe. Greek debt woes have resurfaced early this week as lawmakers overseas continue to struggle to reach a bailout agreement. With no major economic data releases at home this week, investors will likely have to shift their attention back to the debt burdened currency bloc, whether they like it or not. Weekly Outlook The coming week will be filled with central bank meetings and key inflation data releases. Below, we highlight ETFs that may see an increase in trading activity [...]
Click here to read the original article on ETFdb.com.
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