Wall Street ended Friday on a shaky note, although bullish momentum throughout the week pushed major indexes into positive territory. Investors digested a better-than-expected consumer confidence report coupled with robust GDP results; economic growth on the home front came in at 3%, which helped to clear up the clouds of uncertainty looming over ongoing recovery efforts. Ben Bernanke surprised investors on Wednesday after the Fed Chairman made no hints of an upcoming round of stimulus, which sparked a sell-off in the gold futures market [see Gold Hits Resistance, Time To Worry?].
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Stocks tacked on gains last week although trading activity on Wall Street was quite muted considering all of the encouraging economic data releases. Indexes ended the week on a high note after a better-than-expected consumer sentiment figure, which bolstered investors’ confidence. The real challenge comes this week however, as investors prepare to digest several key [...]
AdvisorShares added to its rapidly-growing lineup of active ETFs today with the debut of the Accuvest Global Opportunities ETF (ACCU), which utilizes country-specific ETFs with the goal of generating excess returns relative to benchmarks such as the MSCI All Country World Index. Accuvest, the portfolio manager of the new ETF, utilizes a proprietary country ranking [...]
One of the biggest stories in the investing world over the past few years as been the rise of emerging markets. These countries continue to grow at an impressive clip and are in a much better position from a fiscal perspective than their developed market counterparts. Furthermore, the countries often have more favorable demographics than [...]
The last week was a busy one for investors; the combination of several major earnings reports and advancements in debt discussions on both sides of the Atlantic gave traders plenty to digest. Apple was once again the highlight; the company blew way past analyst expectations, pushing AAPL higher and giving a boost to many tech [...]
Wall Street started the week in red territory as investors ran from equity markets after sky-high yields on Greek bonds sent waves of panic across all corners of the market. As expected, gold opened higher to start the week and the precious metal continued its upward march past $1,600 an ounce in the days following. [...]
Wall Street continued its wild ride last week as equity indexes sank lower after a discouraging downgrade of Ireland to junk status and ongoing worries about the debt ceiling on the home front. Alcoa started the week with upbeat results and Google left investors smiling on Friday as shares soared upwards of 10% after the [...]
Investors have become familiar with the term “contagion” in recent years, but most are accustomed to hearing the phenomenon discussed in relation to sovereign debt defaults in Europe or across U.S. municipalities. But in recent days the Middle East has seen a wave of revolutionary protests and rallies spread across the region, as what began [...]
Harvard University is perhaps the most prestigious college in the U.S. As the oldest institution of higher learning in the country, Harvard was also the first corporation chartered in the country. Located in Cambridge, Massachusetts, the university is home to roughly 14,500 students who hail from all over the world. But aside from the obvious [...]
As the term ‘BRIC’ has entered the average American’s lexicon over the past two decades, many investors have seen the promise and peril of exposure to these rising superpowers. As more have invested and globalization has occurred, the correlation between these markets and industrialized nations has risen substantially; the once untapped markets see billions of [...]
For investors looking to establish emerging market exposure, the economies of the BRIC nations are generally the default option. As growth has ground to a halt in the world’s developed economies, interest in emerging markets has surged and investors have begun digging deeper to uncover promising growth opportunities in the developing world. For those with [...]
