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 1/6/2013.
With the cliff relief rally spilling over into the New Year, you have to wonder how long economic reality can be simply ignored. The S&P 500 scored some 4.5% for the week, as the Fed continues with its asset purchase plan, which creates about $85 billion a month.
A lot of this money finds a new home in the risk markets but with the next cliff, AKA debt ceiling debacle, looming, severe market volatility will certainly be part of those upcoming negotiations.
I think it’s wise to continue holding a balanced portfolio and not be exposed to just the whims of the equity markets. Unless I am dead wrong, the pace of this current pump fest, which started after election lows in November, can simply not be maintained.
Over past week, we covered the following:
One Man’s Opinion: Is The US Job Market Really Healing?
New ETFs On The Block: ALPS-Goldman Sachs Proprietary Strategy ETFs (GSMA, GSGO, GSAX, GSRA)
ETF/No Load Fund Tracker Newsletter For Friday, January 4, 2013
Weekly StatSheet For The ETF/No Load Fund Tracker Newsletter – Updated Through 1/3/2013
Fed Minutes End Euphoric Rally; Europe Rises
Cliff Deal Reached—But Where’s The Meat?
7 ETF Model Portfolios You Can Use – Updated through 12/31/2012
ETFs/Mutual Funds On The Cutline – Updated Through 12/28/2012
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