ETFs, Financials Feel Pain of Credit Swap Market
November 15, 2008 – The failure of big banks has been detrimental to the credit default swap market, but how has it influenced the exchange traded funds (ETFs) that track the big insurers that create these swaps? In layman’s terms, a credit... Continue Reading »

Insurance, Financial ETFs Thwacked After AIG Takeover
September 17, 2008 – Financial exchange traded funds (ETFs) and Wall Street in general don’t look like they’ll be getting a reprieve today after the Federal Reserve stepped in to bailout American International Group (AIG). Shares in the world’s largest... Continue Reading »

AIG’s Losses Drag Down Insurance ETFs
August 7, 2008 – American International Group (AIG) notched its third consecutive quarterly loss, which is putting the hurt on financial exchange traded funds (ETFs). The world’s largest insurer lost more than $5.6 billion in credit default swaps - insurance... Continue Reading »

ETFs, Markets Move Up on Federal Reserve’s Decision
August 5, 2008 – As expected, the Federal Reserve once again stood firm on the interest rate, while the markets and exchange traded funds seemed to like the news. The key interest rate remained unchanged at 2%, reports Martin Crutsinger... Continue Reading »