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 1/29/2012.
Upward momentum slowed down this past week, as the S&P 500 ended almost unchanged. Earnings were mixed; some economic reports were uninspiring with the Fed announcing continued low interest rates into 2014.
The metals, along with bond ETFs/Funds rallied as the zero interest rate policy is an indication that all is not well economically speaking. It’s still unclear as to whether the Fed will launch another Quantitative Easing effort (QE-3) to lend another assist.
In the meantime, the events in Europe are taking center stage as efforts are being made to save the European banks from having to take steep losses in foreign debt.
This week, we covered the following: