I don’t think anyone was quite expecting the wild upswing across major market ETFs this week. While some might be tempted to latch onto a perceived momentary equity run-up, there are far too many telling signs of impending doom that suggest otherwise. The central bank coordination to provide the European banking system with much needed liquidity was a necessary step …
With Greece Already Infected, Will Italy Now Catch the Contagion?
Right when it seemed like Europe was making some progress with EFSF expansion and a bank recapitalization plan, Greece’s woes have soured the mood once more. With the referendum proposal and subsequent reversal this week, the political upheaval in Greece has reached a fever pitch as Papandreou might step down, creating further uncertainty. EU leaders have already expressed their discontent, …
ETF Trend Tracking Video Posted
In case you missed it, my first video on the subject of trend tracking with ETFs/no load mutual funds has been posted on the right side of this blog replacing my old bio. To get the best viewing experience, please switch to full screen mode once the video starts running. This is strictly an overview to make it easier for …