July 28, 2011 at 10:00 AM EDT
ETFs To Watch As Debt Ceiling Deadline Nears
Most investors probably never expected that it would never come to this. With only days remaining until the day the government coffers supposedly go dry, a deal to avoid a default remains elusive (one would suspect the August 2 date is at least 72 hours or so in advance of a hard deadline). The back and forth negotiations in an increasingly tense debt ceiling standoff have captured the attention of Wall Street and investors around the globe, and the negotiations in Washington figure to be a primary driver of global financial markets in coming days. The impact from the debt ceiling drama will likely be felt far and wide; the manner in which this issue is ultimately resolved should have an impact not only on U.S. debt, but on both domestic and international stock markets and a number of different asset classes as well. Though a compromise with strong bipartisan [...] Click here to read the original article on ETFdb.com. Related Posts: End Of An ETF Era: VWO Surpasses EEM In Total Assets ETF Securities Launches Asian Gold Shares Fund (AGOL) Seven ETFs To Invest Like Peter Schiff Inflation ETF Special: 25 ETF Ideas To Fight Rising Prices Complete List Of Active ETFs
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