Skip to main content

ETF Insider: Did Wall Street Forget About Greece?

By: ETFdb
Bullish euphoria bolstered equity markets higher last week as better-than-expected economic data stole the headlines. Investors were more than happy to see a big jump in consumer confidence as well as an encouraging GDP report, both of which boosted confidence in the recovery. The biggest surprise on Wall Street was Ben Bernanke’s testimony before Congress; the Fed Chairman sparked volatile trading after he gave no indication that there would be an additional round of quantitative easing like many had anticipated [see Gold Hits Resistance, Time To Worry?]. Several key economic data releases from all over the globe as well as ongoing developments in the debt burdened Euro zone will likely dominate the headlines this week. Weekly Outlook The unemployment report will take center stage at home on Friday, while earlier in the week investors will also digest the latest European Central Bank rate decision. Below, we highlight ETFs that may [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Expect More Volatility ETF Insider: Will Euro Woes Rain On The Bull’s Parade? ETF Insider: Stay On The Defense ETF Insider: Pessimism Prevails ETF Insider: Euro Fears Overshadow Domestic Recovery
Bullish euphoria bolstered equity markets higher last week as better-than-expected economic data stole the headlines. Investors were more than happy to see a big jump in consumer confidence as well as an encouraging GDP report, both of which boosted confidence in the recovery. The biggest surprise on Wall Street was Ben Bernanke’s testimony before Congress; the Fed Chairman sparked volatile trading after he gave no indication that there would be an additional round of quantitative easing like many had anticipated [see Gold Hits Resistance, Time To Worry?]. Several key economic data releases from all over the globe as well as ongoing developments in the debt burdened Euro zone will likely dominate the headlines this week.  Weekly Outlook The unemployment report will take center stage at home on Friday, while earlier in the week investors will also digest the latest European Central Bank rate decision. Below, we highlight ETFs that may [...]

Click here to read the original article on ETFdb.com.

Related Posts:

Advertisement

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.