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My Favorite ETF for 2012

With all the volatility individual stocks have seen lately, you may be looking for an alternative investment. We suggest exchange-traded funds (ETFs), which are investment funds that are traded on stock exchanges. ETFs hold assets like stocks, commodities or bonds, making them less risky than most individual stocks. This report contains our favorite ETF for 2012. It's an ETF that has shown to be a steady performer in the past six months, while the stock market has produced not much more than extreme volatility.

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Second Quarter Data Indicates Recession is Ending

by on July 02, 2009
Manufacturing and housing data released on Wednesday suggest that the recession is ending, Investor's Business Daily reported.

U.S. manufacturing, measured by the Institute for Supply Management index, rose two points to 44.8, the highest level since August, and the production index jumped 6.5%, the highest level since January 2008, IBD reported.

Other reports suggested that home sales may be stabilizing after a four-year slide, another sign the economy likely contracted at a slower pace in the latest quarter. According to IBD, pending house sales rose 3.1% in the Northeast and 2.2% in the West, but fell 1.7% in the South and 1.3% in the Midwest.
Hopes for an end to the recession lifted the S&P 500 0.4%, the Nasdaq rose 0.6% and the Dow rose 0.7%.

 

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