In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 12/9/2012.
More bobbing and weaving in a tight trading range was the theme of the week, as the S&P 500 managed to eke out 2 points.
I don’t know about you but I am feeling ‘Fiscal Cliff’ fatigue setting in as no progress seems to have been made. It appears to me that the market has not priced in the possibility of a failed agreement between the warring parties, and hope reins superior.
If the squabbling and finger pointing continues, we may not see a market reaction until after the 1st of the year when the reality has set in that we may be actually sliding down the much feared cliff, should a compromise prove to be elusive.
Again, my view remains the same that politicians will not get serious about addressing the issues until they’re forced to. And the only thing that will provide the necessary motivation is for the markets to speak up loudly via a sharp downside correction.
Over past week, we covered the following:
One Man’s Opinion: Will Tax Hikes Push The US Economy Back Into Recession?
New ETFs On The Block: Powershares S&P 500 Downside Hedged Portfolio ETF (PHDG)
ETF/No Load Fund Tracker Newsletter For Friday, December 7, 2012
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 12/6/2012
Apple Rebound Boosts US Stocks Amid Cliff Negotiations; Europe Gains On German Factory Orders
Uncertainty Reigns As Apple Weighs On NASDAQ; Europe Rises As Nokia Rallies
7 ETF Model Portfolios You Can Use – Updated through 12/4/2012
US Indexes Ease As Fiscal Cliff Wrangling Continues; Europe Wobbles On Uncertainties
More Fiscal Cliff Rhetoric With No Tangible Results; Weak Data Pulls Down Indexes
ETFs/Mutual Funds On The Cutline – Updated Through 11/30/2012
Contact Ulli