FINANCIAL SECTOR SENDS STOCKS DOWN – ABBREVIATED BLOG

Today in the market, Tuesday August 12, 2008:  Bad news from the financial sector sent the market down today.

ETF/CEF Low Volatility:

  • AWF – Alliance Wrld Dlr Govt II close above $12.55

ETF/CEF Catch a Falling Knife on the Road to Recovery (FKRR):

  • HYB – New America High Incm Fund close above $1.54

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ETF/CEF Discussion: I have to make this brief today…have to run to a meeting this evening.  The two CEF selections pay quite a high yield, so there is a risk premium involved here.  Please do your research and use your own good judgement. 

Catch you tomorrow.

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