Although we’ve seen some gains in the last few days, it can’t distract us from the fact that the global financial landscape is still rugged, with few signs that we’re on the way toward greener pastures. As I’ve stressed over the course of the past several months especially, downside protection is the key objective amidst a climate where sudden market …
Is This the Start Of Another Downward Spiral For ETFs?
[Chart courtesy of MarketWatch.com] It looks like the deep rooted problems of the Eurozone finally registered with investors as markets tanked after two consecutive days of seemingly unjustified exuberance. The S&P 500 took a 3.67% dive, while major European indices also took a sizeable hit. Nevertheless, Asia somehow finished on the positive side. The dollar noticeably strengthened against the Euro …