November 19, 2012 at 04:00 AM EST
3 ETFs To Watch This Week: EWJ, FXB, RTH
Bearish momentum continued to be a dominant force on Wall Street last week as investors shifted their focus to fiscal cliff woes and eurozone drama. President Obama reinforced his solution for the United States’ deficit reduction, taking a tough stance and drawing an aggressive line on his policies, which include $1.6 trillion in new tax revenues. While some believe that a tax hike is a necessary step that Congress must take, others criticize that the looming rise of taxes and government spending cuts will ultimately push the United States back into a recession. Meanwhile in the eurozone, policymakers agreed to give Greece two more years, until 2016, to pay down its budget deficit and stick with the euro; additionally, finance ministers put off the decision on just exactly how to meet further Greek aid needs until November 20. This holiday-shortened week, investors will once again see a number of economic reports from around the world. Below, we [...] Click here to read the original article on ETFdb.com. Related Posts: 3 ETFs To Watch This Week: EWJ, LBND, RTH ETF Insider: Euro Woes Weigh On Earnings Three ETFs To Watch This Week: EWJ, FXB, EWN Which ETFs Would Benefit From Lower Oil Prices? Three More ETF Ideas For The Third Quarter
Bearish momentum continued to be a dominant force on Wall Street last week as investors shifted their focus to fiscal cliff woes and eurozone drama. President Obama reinforced his solution for the United States’ deficit reduction, taking a tough stance and drawing an aggressive line on his policies, which include $1.6 trillion in new tax revenues. While some believe that a tax hike is a necessary step that Congress must take, others criticize that the looming rise of taxes and government spending cuts will ultimately push the United States back into a recession. Meanwhile in the eurozone, policymakers agreed to give Greece two more years, until 2016, to pay down its budget deficit and stick with the euro; additionally, finance ministers put off the decision on just exactly how to meet further Greek aid needs until November 20. This holiday-shortened week, investors will once again see a number of economic reports from around the world. Below, we [...]

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

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