Three ETFs To Watch This Week: RTH, SWH, XLUS
The past week was marked by a flurry of activity in the U.S. as all eyes were fixed on the federal government with Congress’ session nearing a close. The legislative branch was finally able to extend the Bush-era tax cuts for another two years, with Obama signing the law late Friday. The passing of this legislation is expected to boost consumer spending and promote economic growth, though it will further the already massive debt our country has accumulated. In Europe, Moody’s issued a downgrade warning to both Belgium and Spain, as the countries’ financial woes grow more severe by the day. While a bailout may be necessary for these nations, the EU is working on a solution that goes beyond issuing debt, to break out of the crisis which is threatening to tailspin out of control in the common currency bloc [see also Top Five Commodity ETFs Of 2010]. This week [...] Click here to read the original article on ETFdb.com. Related Stories: Thursday’s ETF To Watch: XLUS Three ETFs To Watch This Week: XLF, UUP, VIS Three ETFs To Watch This Week: EWA, IVV, XLPS
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