Markets this week rebounded as investors found new hope for the resolution of Europe’s debt crisis. Concerns were abated after the E.U. announced its plan to impose a 50% haircut on Greek bonds and to apply more leverage to their bailout fund. The week ended on a slightly weaker note as stocks eased back after Thursday’s incredible rally. In the commodities space, both oil and gold experienced a slight reversal as well after showing strong performances and gains earlier in the week. On Thursday, investors saw the euro rise to record levels not seen in over 2 years. The dollar however, continued to slump to dramatic lows against the yen. On the macro level, the U.S. welcomed good news this week with reports of an optimistic 2.5% GDP growth in the third quarter. Many economists attribute this rise to the recent increases in consumer spending. Despite quelling some fears of the U.S. falling into a double-dip recession, investors are still skeptical about how long this [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Bad Week To Be A Bear New Pharma ETN (DRGS) Hits The Market