From the monthly archives:

November 2009

Investors returned from a long holiday weekend with a lot more than leftovers to digest. The crisis in Dubai continued to evolve, with uncertainty over the UAE’s ultimate involvement in Dubai the latest cause for concern. Meanwhile, India surprised investors by reporting GDP growth of nearly 8% for the year, likely setting the stage for interest rate hikes early next year. Back in the U.S., all eyes were focused on online retailers as “Cyber Monday” marked another start to the holiday shopping season. [click to continue…]

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Effective December 1, the Financial Regulatory Authority (FINRA) will implement new margin requirements for leveraged ETFs and uncovered options overlying leveraged ETFs. Under Regulatory Notice 09-53, which was first released in August of this year, margin requirements for leveraged and inverse leveraged funds will increase significantly beginning on Tuesday. [click to continue…]

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Despite still rising unemployment, abysmal consumer confidence, and signs of ongoing crises around the world, there is little doubt, at least technically speaking, that the recession is finally over in most of the world. The downturn proved to be far more severe and prolonged than many had imagined, leaving its mark on even the most […]

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Lisle, Illinois-based Claymore, the ETF issuer that was acquired by Guggenheim Partners earlier this year, announced last week that it will close four of its lightly-traded ETFs. December 11 will be the last day of trading for the following funds:

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Earlier this month, iShares launched the Emerging Markets Eastern Europe Index Fund (ESR), offering U.S. investors an efficient way to gain exposure to an often overlooked corner of the European market. While there are countless European ETF options, these funds generally focus on the developed economies of western Europe, including France, Germany, and the United […]

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Although U.S. markets were quiet on Thursday for the Thanksgiving holiday, an unexpected development halfway across the globe is likely to send domestic markets sharply lower when investors return from their brief vacation. The Dubai government said on Thursday that it would restructure Dubai World, its corporate flagship, and begin a six-month halt on debt […]

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As Thanksgiving hosts across the country focus intently on preparing a proper turkey, opportunistic investors have been considering another kind of Turkey product: the iShares MSCI Turkey Investable Market Index Fund (TUR). Turkey isn’t even on the radar screens of most investors, but this Mediterranean nation has a unique economy and a potentially attractive risk […]

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Poland ETF (PLND) Debuts

by on November 25, 2009

New York-based Van Eck launched on Wednesday the Market Vectors Poland ETF (PLND), a fund that will track the 26-company Market Vectors Poland Index. PLND will trade on the NYSE  Arca Exchange and charge an expense ratio of 76 basis points. Unlike most single-country international ETFs, which tend to be dominated by holdings in multi-national […]

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Allstate Corp., the largest publicly-traded insurer of homes and automobiles in the U.S., announced this week that it is making some major shifts in its investment portfolio that now exceeds $100 billion. The Northbrook, Illinois-based company announced that it is reducing its exposure to commercial real estate and municipal bonds in favor of corporate debt.

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Inching towards the Thanksgiving holiday, a more bullish outlook from Fed officials and another rise in home prices was more than offset by news that U.S. GDP growth had been revised lower. Most major benchmarks finished the day down slightly, led by a retreat in many Japanese indexes to four-month lows.

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As the recovery has gained momentum in much of the Asian Pacific, Japan’s economy has struggled to find its footing, becoming a laggard in a region that has largely propelled itself out of the recession and established itself as one of the leaders of the new global economy. Australia has begun raising interest rates once […]

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The day after Thanksgiving traditionally kicks off the holiday shopping season, one of the most important times of the year for consumers and investors alike. While promotional campaigns and receipt tallies from “Black Friday” are always closely monitored, this year the day comes with added importance. As the U.S. economy heads towards the finish line […]

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