A bloodbath that stated in Europe quickly spilled over into the the US markets today. European bank shares were especially hard hit with Deutsche Bank leading the way.
Last Friday, the market took it on the chin in a manner that was not represented in the close of major indices.
I recently began my new series on promising exchange-traded funds (ETFs) for growth-oriented investors with a look at the benchmark health care ETF, XLV.
ABC TV recently aired a two-part program, The Bernie Madoff Story, showing the biggest fraud in Wall Street history. If you missed it, the key lesson is not to expect the Securities and Exchange Commission (SEC) to protect you from scammers.