On Friday, CGW fell roughly 1/3 as much as broader domestic and global benchmarks. Equally worthy of note, the fund had hit fresh 52-week highs in the week.
Obviously, if the U.S. fails to reach an accord, it's unlikely that stock assets of any stripe would survive the stampede for the exits. That's why it's critical for ETF investors to maintain an unemotional discipline for
That said, the recent rise in transportation stocks and water stocks is telling me that investors are growing increasingly confident in China's economic prospects.Follow @ETFexpert This article was written by an independent contributor, separate from TheStreet's regular news coverage.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV