This Week In ETFs: December 11th Edition

Last week’s hopeful surge in the markets were quickly overshadowed this week with worse-than-expected news from overseas, contributing to the never-ending cycle of the European debt crisis. Major stock indexes remained unchanged earlier in the week then dropped during Thursday’s trading session as investors digested the latest euro-zone developments. The European Central Bank announced its 25 basis point rate cut and to investor’s disappointment, revealed their plan to cap their bond buying program to €20 billion per week. Stock markets ended higher on Friday as investors welcomed a better-than-expected U.S. consumer confidence number from a University of Michigan report as well as news of a budget deal overseas. After a slow-stretch over the last two weeks, the ETF industry picked up the pace with the launch of 7 new exchange-traded products, helping set a new industry record of nearly 300 new products hitting the markets this year. Investors were introduced [...] Click here to read the original article on ETFdb.com. Related Posts: How ETF Investors Can Save $415 Million (Without Breaking A Sweat) ETF Misnomers: Why You Never Judge A Fund By Its Cover 25 Things Every Financial Advisor Should Know About ETFs Alternatives To The 20 Most Popular ETFs Better-Than-AGG Total Bond Market ETFdb Portfolio Now Available