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This Week In ETFs: September 30th Edition
Investors seemed to realize this week what another round of quantitative easing and refinancing in Europe really means to the global economy, and all of the markets contracted. Moody’s Investors is reassessing Spain’s government debt, which might be dropped down to junk status by the end of the week, while the Central European Bank performs a number of stress tests on Spain’s financial institutions. Many macro-economic indicators have pointed to a recession in Europe since the beginning of this summer, but the Central Bank’s efforts to keep the eurozone together have staved off these effects. Even with all of these prevention efforts, now more than ever investors are wary of a second recession in Europe on the horizon. The U.S. GDP report came out earlier this week, showing that economic growth was slower than expected this quarter, with consumer spending on the rise due to the rise in prices. All these signs point to [...]
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2012-09-30 07:49:00
Source: http://etfdb.com/2012/this-week-in-etfs-september-30th-edition/
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