Tom Lydon appeared on CNBC’s ETF Tracker segment this afternoon and discussed President Bush’s subprime rate freeze plan and what it could mean for ETFs and the economy in the long run. Two large financial ETF plays include ProShares Ultra Financials (UYG) and Financial Select Sector SPDR (XLF). Video of Tom’s segment appears below:
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.