For ETFs, the Sun’ll Come Out…Eventually

January 22, 2008 at 11:00 am by Tom Lydon      Bookmark and Share

Annie The question on everyone’s mind is: just what is it going to take to give markets and exchange traded funds (ETFs) the kick they need to start moving in a positive direction?

Experts are increasingly reaching the same conclusion: time, reports Madlen Read for the Associated Press. The fact it, nothing anyone can say or do will be able to soothe the nation’s anxiety in the next few weeks.

  • There’s good news for bargain hunters, who may see the recent drops as buying opportunities.
  • Positive financial news from some large, multinational companies could lead to a few rallies. But the gains might evaporate just as quickly.
  • Until all fourth-quarter results are in, many investors will continue to have too many questions to buy with confidence.
  • This week, there will be some announcements: a report on December sales of existing homes, jobless claims and more earnings reports from banks.
  • One strategist predicts that by the end of the first quarter, perhaps the market will find a little stability.
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