By: ETFdb
Friday’s ETF To Watch: Latin America Fund (ILF)
For much of 2010, the energy sector has been in focus, particularly the crude oil corner of the market. As the Deepwater Horizon spill quickly became one of the worst environmental disasters in U.S. history, the Obama administration issued an offshore drilling moratorium, that was only recently revoked. All the while, oil was sitting below $75 per barrel, thanks to weak growth prospects and a currency crisis in Europe that cast a shadow of doubt on the industry as a whole. But as oil prices have begun to climb once again thanks to increased demand from emerging markets and a weak dollar, the oil industry may finally be poised for a triumphant return to strong levels of growth [see also Next Frontier Of ETF Investing: Long/Short Trades]. When most investors think of Big Oil, Exxon Mobil is typically the first that comes to mind–and rightfully so, as it is the third [...] Click here to read the original article on Related Stories: Ultimate Guide To Latin America ETFs Van Eck Launches Small Cap Latin America ETF (LATM) More Than Just Brazil; Latin America ETFs Surge Ahead
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