According to the folks at Fidelity Investments, the average frequency of a 10% market correction is once per year. However, we have not seen a pullback of this magnitude over the last 12 months (7/6/10-7/5/11), and we have yet to see it occur in 2011. In March, the Middle East uprisings coupled with Japan’s devastating earthquake certainly had the potential to [...] Continue Reading...
The Greeks got their bailout, limiting the need for the country to sell the Parthenon in 2011. And U.S. economists received an upside surprise on manufacturing growth. Combined, optimistic bulls are beginning to feel much better about themselves. The question is… for how long? Chairman Bernanke explained that the Federal Reserve has finished with its ”QE” practice of buying U.S. treasury [...] Continue Reading...
2nd Quarter ETF Highlights, Sector ETFs, Economy And ETFs Click here to listen to the show: 7-3-2011 Continue Reading...
