ETFs To Play A U.S. Export Boom

The first year and a half of president Obama’s term has been market by bold initiatives to reshape domestic policies and transform the U.S. economy. And for the most part the administration has followed through on its promises, already pushing through overhauls of the health care and financial systems. During his January State of the Union Address, Obama announced his National Export Initiative, a plan to double the country’s exports within five years. By boosting the value of American goods shipped overseas the president hopes to create new jobs on the home front, overcoming one of the most significant obstacles standing in the way of a sustained economic recovery [see UNG: Proof Of A U.S. Recovery]. According to the White House, exports surged almost 17% in the first four months of this year, indicating that the ambitious export agenda is moving forward. “This puts the US on track to reach [...] Click here to read the original article on ETFdb.com. Related Stories: China Export Ban Could Sting ETFs Beyond XLY: Three Pure Play Consumer Discretionary ETFs ETF Plays For China’s Internet Boom