Why Should You Buy Mid-Cap ETFs Now?
Zacks Investment Research | Feb 11, 2019 10:59PM ET
After a strong rebound in the U.S. stock market last month, the momentum seems to have decelerated in the past week with no U.S.-China trade deal in sight and return of global slowdown concerns, especially after European Commission (EU) slashed economic growth forecast for the Eurozone.
EU cut growth forecast for the Eurozone, comprising 19 countries that use euro, to 1.3% from the previous projection of 1.9%, citing sharp deterioration in global trade and China’s slowdown. Meanwhile, the Bank of England warned that the economy is on track for the weakest growth this year since the global financial crisis given Brexit uncertainty. Chinese factory activity also contracted for the second consecutive month in January, indicating further cooling of the economy and heightened the risk of global slowdown (read: Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.