ETF Investors Wonder: Is Bailout A Band-Aid Or A Real Solution?
Posted on September 08, 2008 at 23:50 PM EDT
Financial exchange traded funds (ETFs) received an early-morning jump from the plan for the U.S. government to bail out mortgage giants Fannie Mae and Freddie Mac. In fact, this intraday chart showing the Financial Select Sector SPDR (XLF), KBW Regional Banks (KRE) and the Nasdaq tells some of the story: The initial bump came … [visit site [...]