07.01.2015 - A Strong Start to Safe Haven ETFs in 2015
After a strong run-up last year, the U.S. stocks were off to a weak start in 2015. The relentless slide in crude oil, political turmoil in Greece, the tumbling Euro, and strong dollar weighed on investors sentiment, bringing volatility back to the market. Oil price continued to fall in the New Year, plunging more than half of its value since its peak in June 2014. U.S. oil fell below $49 per barrel for the first time since April 2009 while Brent crude slid to less than $52 per barrel. Higher U.S. shale output as well as record oil production from Russia and Iraq raised fears of global glut..............................................Full Article: Source
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