The recession in the peripheral countries of Europe are continuing and have affected the core, says Nouriel Roubini, Nobel Laureate economist and chairman of Roubini Global Economics. France and Germany have slowed down since their major markets, the peripheral Europe and Asia, including China, have witnessed slowdowns. The eurozone recession – fed by fiscal austerity, a strong euro, a bank …
New ETFs On The Block: ProShares Merger ETF (MRGR)
ProShares, the Bethesda, Maryland-based premier provider of alternative ETFs and the world’s largest provider of geared (leveraged and inverse) exchange traded funds, has announced the launch of a merger-arbitrage ETF this week. The ProShares Merger ETF (MRGR), the firm’s 13th launch this year, is listed on the BATS exchange and would compete with IndexIQ’s ARB Merger Arbitrage ETF (MNA). MRGR …
ETF/No Load Fund Tracker Newsletter For Friday, December 14, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12132012/ ———————————————————— Market Commentary Friday, December 14, 2012 US EQUITIES STUMBLE AS BUDGET STALEMATE CONTINUES; EUROPE EDGES LOWER Equities ended lower Friday as the stalemate over federal budget negotiations overshadowed a rise in industrial production and upbeat economic data showing China’s manufacturing may expand at …
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 12/13/2012
ETF/Mutual Fund Data updated through Wednesday, December 13, 2012 If you are not familiar with some of the terminology used, please see the Glossary of Terms. 1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/25/2011 The domestic TTI broke through its long-term trend line generating a Sell for this area effective 8/9/2011. Over the recent past, we’ve seen the …
Heading South As Budget Logjam Saps Confidence; Europe Tracks Lower
[Chart courtesy of MarketWatch.com] US equities fell today as the public standoff between the Republicans and Democrats in reaching a deal to avert recession-inducing tax hikes and spending cuts in the New Year overshadowed a drop in jobless rates and growth in retail sales. Ohio Republican John Boehner criticized the Democrats for looking to punish small businesses through tax hikes …
Index ETFs Erase Gains As Optimism Over Bernanke Talk Fades; Europe Holds Ground
The major index ETFs erased gains today as optimism over Federal Reserve plans to expand its balance sheet faded after Chairman Ben Bernanke warned the central bank doesn’t have the tools to shield the economy from the looming fiscal cliff. Stocks rallied to session highs after the central bank said it would add $45 billion a month of Treasury securities starting January …