Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 410 ETFs, of which currently 291 (last week 287) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Have Lending Costs To Corporate Europe In The Periphery Declined?
Despite weak credit conditions, lower oil and a slumping euro, Goldman Sachs is optimistic about the region’s growth prospect this year, said Kevin Daly, Senior European economist at Goldman Sachs. The investment bank revised euro area’s GDP growth-forecast higher – between 1.2% and 1.5% for this year and between 1.6% and 1.7% for next year. For the first-time, GS is …