Bickering between Democrats and Republicans is nothing new, an American tradition right up there with apple pie, baseball, and fireworks on the 4th. Even on issues that would seem to lend themselves towards a consensus resolution, the two parties have found ways to create disagreements, allowing them to play to the American public and paint their opponents as unreasonable or unconcerned politicians. With signs that the economy is finally beginning to turn (even if it is only the beginning of a long and slow journey back), Congress has turned its attention to clashes that had been tabled and neglected as they battled over bailouts, stimulus plans, and other economic measures. As they slowly turn their attention away from the crisis that has consumed the first half of the year, two issues appear to be taking center stage: healthcare and energy.
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Conventional wisdom says that while growth stocks outperform their value counterparts during recessions, value stocks gain the upper hand once the economy hits bottom, leading the way during the early recovery stage of most economic cycles. That’s according to a report by Russell Investments of Tacoma, Washington, which indicates that growth outperformance tends to reverse [...]
Big oil is turning its attention to Iraq once again. But this time, instead of fear and dread, oil companies are looking to the Gulf state with hope and optimism. In recent years, the Iraqi oil industry usually made the news for all the wrong reasons: sabotages of pipelines, bomb attacks at drilling sites, employee [...]
ProShares, known for pioneering short and 2x leveraged and inverse leveraged ETFs, is once again blazing a new trail in the ETF industry. The fund family has filed for approval from the SEC to launch two new ETFs, a 3x S&P 500 fund and a 3x inverse S&P 500 fund. ProShares‘ proposed funds would be the [...]
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As ETFs have become the investment vehicle of choice for an increasing number of asset managers and individual investors, the landscape continues to evolve, sometimes seemingly on a daily basis. The first ETFs to burst onto the scene generally tracked traditional asset classes and indexes. And while these “plain vanilla” funds remain among the most [...]
Score one for Goliath. Three weeks after Global X announced that it would launch the first ETF investing exclusively in Peruvian equities, iShares beat its much smaller rival to the punch, launching the MSCI All Peru Capped Index Fund (EPU). EPU, which has an expense ratio of 0.63%, provides investors with an opportunity to invest in [...]
Following months of frenzied speculation as to who would snap up the market-leading iShares fund family, BlackRock emerged as the clear frontrunner earlier this month, draining much of the drama out of the high-profile shopping of the fund family. Or so it seemed. Although BlackRock’s acquisition appeared to unfold smoothly, it now appears that unexpected developments in [...]
In his fourth press conference since taking office in January, president Obama focused on establishing sustainable clean energy initiatives and implementing a comprehensive healthcare reform, slowly turning his attention from the financial and economic crises that have consumed his presidency to date. The topics addressed in Tuesday afternoon’s press conferences signal that the administration may [...]
With swine flu news coming and going from the headlines in recent months, many investors have kept a close eye on pharmaceutical ETFs, anticipating that a global health scare could have a significant impact on the performance of funds holding various domestic and international health companies. This week president Obama, who has dedicated the first five [...]
Just as leveraged ETFs are prompting warnings from regulatory agencies and drawing criticisms from U.S. investors, these controversial funds are enjoying tremendous popularity in Europe, where ETF Securities has launched the first complete platform of 2x leveraged and 2x inverse leveraged funds tracking Europe’s most popular equity indexes. The funds offer both leveraged bull and bear [...]