Muni bond ETFs are back in the spotlight with a government shutdown in Minnesota illustrating the difficult fiscal situation many states are facing. [States May Rattle Muni Bond ETFs]
In industry news, the recent falloff in the CBOE Volatility Index following a spike earlier this month has prompted the automatic redemption of a Barclays exchange traded note designed to track VIX futures. [Barclays ETN Redeemed]
Financial Select Sector SPDR Fund
Full disclosure: Tom Lydon’s clients own GLD and SLV.