In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 11/6/2011.
A sharp pullback during the first two trading days of the week kept the major indexes on the minus side as uncertainty in Europe flared up again. While Greece took center stage, Italy’s enormous debt gave markets reason for concern as bond yields rose to record highs.
It remains questionable if the EFSF can scrounge up enough money to bailout Italy as well, should that become a necessity. Markets will continue to react to the latest headline news about the European debt crisis, which will keep volatility high and market direction questionable at best.
Still, the trend is up, and we’ll carefully follow its direction.
This week, we covered the following: