ETFs Higher With Consumers Mood
August 15, 2008 at 14:00 PM EDT
The slowing of commodity prices eased cost pressures on households, companies and helped the markets and exchange traded funds (ETFs). According to the Reuters/University of Michigan survey, consumers’ sentiment improved slightly in August. Timothy R. Homan and Courtney Schlisserman of Bloomberg report that in the last month, gasoline is down 6%, copper is down 14% and corn 26%. [...]
