From the monthly archives:

April 2010

Equity markets tumbled to finish the week, as disappointing economic data combined with a criminal investigation at Goldman Sachs to weigh heavily on the major indexes. This slump, which saw the Dow fall by more than 150 points, came after the Commerce Department announced lower than expected GDP numbers; the economy grew by 3.2% in the January-March period compared to a forecasted rate of 3.4%. Meanwhile, oil prices trended higher and finished the day just under $86/bbl. after the oil spill in the Gulf threatened to shut down some platforms and limit future offshore drilling operations. [click to continue…]

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Oil service firms were in focus earlier this year when President Obama announced that he was lifting a ban on expanded offshore oil and gas drilling on parts of the Atlantic coast. However, recent developments have thrown a wrench into these plans, as a number of government organizations and private sector firms race to avoid a disaster in the Gulf Coast region.  On April 20th, a Transocean rig called the Deepwater Horizon caught fire and exploded, presumably killing as many as 11 people. After burning for close to two days, the rig sunk on the 22nd, setting off the next phase of the crisis (see the full timeline here) . [click to continue…]

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One of the hottest topics in the industry at present is the future of actively-managed ETFs. The issue is also a very divisive one; some expect that widespread adoption of active ETFs is only a matter of time, while others believe mutual funds will continue to be the vehicle of choice for those interested in […]

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As the ETF industry has continued its impressive growth, keeping tabs on all of the new products and potential applications has become challenging. There are a lot of good resources out there (like the new and improved ETF Database), but the ETF issuers themselves are often among the most useful and informative sources of information. […]

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Publicly-traded ETF issuer WisdomTree discussed its impressive first quarter earnings on Friday, noting that a continued surge in asset levels resulted in a strong start to 2010. Cash inflows into WisdomTree ETFs were $582 million in the first quarter, primarily into emerging markets products. That figure includes the $152 in outflows related to the closure […]

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With countless ETFs struggling to gain traction among investors and generate consistent trading volumes, many analysts have predicted that the industry will witness a wave of fund closures in 2010 (we’ve already seen more than 20). But the Claymore/Delta Global Shipping ETF (SEA), which recently has about $150 million in assets and average daily trading […]

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Earlier this year, railroad stocks received a lot of attention after the world’s most famous investor, Warren Buffett, announced that he would buy the rest of Burlington Northern Santa Fe for $26 billion. This mega-acquisitions put a ‘boring’ industry in the spotlight for a brief time and once again on investors’ radars. However, as quickly […]

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ProShares continues to aggressively expand its line of leveraged ETF offerings, announcing the launch of four new products on Thursday. The new 200% leveraged ETFs are:

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Spain ETF Continues Slide

by on April 29, 2010

For European investors, it’s been quite a week. On Tuesday, markets sank across the board as ratings firm Standard & Poor’s lowered its outlook on Portugal and cut Greece’s debt to junk status. Although many believed that the worst of the crisis was nearing an end with news that the IMF and richer euro zone […]

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ETFs were originally embraced by buy-and-hold investors as an optimal, low-cost vehicle for inclusion in a long-term retirement portfolio. But in recent years they have become popular among more active traders who value their liquidity and efficiency in providing exposure to various asset classes. Once used primarily by beta grazers, ETFs have become a favorite […]

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Equities markets trended higher on the back of an upbeat Federal Reserve outlook on the U.S. economy and quality earnings reports. This modest uptick came despite continued worry in the euro zone over sovereign debt issues, with Spain the latest country to suffer a downgrade from ratings agency Standard and Poor’ss. Among Dow components, the […]

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In the wake of unprecedented injections of liquidity into the global financial system, many investors have become concerned about the potential impact of inflation on asset values (see Beyond TIP: Ten ETFs To Protect Against Inflation). But to anyone who sells sugar for a living, any concerns about inflation might incite rage. Sugar prices recently […]

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