Since the global equity markets bottomed out in March 2009, the financial sector has been one of the top-performing corners of the U.S. economy. After being hammered as fears of a financial meltdown spread through Wall Street, big banks have recovered to strengthen their balance sheets, begin reporting profits once again, and even pay back big chunks of government bailout funds. [click to continue…]
ProShares, a leading provider of inverse and leveraged ETFs, has filed for approval on seven addition ETFs, including four “ultra” international ETFs and three products focusing on a popular regional bank index. The international ETFs complement four existing 200% inverse products, and include:
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 [...]
It’s been an interesting week in the world of ETFs: U.S. unemployment hit 10.2%, the highest since 1983, while gold traded around $1100/oz. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:
As the stock market continues to rise, seemingly running ahead of fundamentals, more and more investors are becoming concerned that the stocks are becoming overvalued, and that a downward correction may be just around the corner. While safe haven investments such as the U.S. dollar and gold are popular picks for investors looking to profit [...]
