ETF Edge: March 2010
Welcome to the March issue of ETF Edge! In a reversal of previous years, U.S. equities have become reactionary in nature, taking their cues from markets around the world. While new developments in the potential Euro zone crisis have perhaps carried the most weight so far in 2010, China’s importance to the new global economy was highlighted in the last month by the tremendous focus investors placed on the country’s next monetary policy decisions.
From an investing perspective, 2010 got off to a rocky start, but February provided a much-needed boost. The path taken by global markets in coming months will likely be determined to a large extent by decisions of not only the Fed, but central banks around the world. As such, March figures to be an extremely interesting and important month, as a series of meetings will shed light on the health of various recovery efforts and developing plans for winding down “the Great Stimulus.” Here’s a look at what’s inside this month’s edition:
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