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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Comment by wreakhavokon Mar 17, 2016 10:39pm
84 Views
Post# 24673414

RE:Summary of Upcoming Events

RE:Summary of Upcoming EventsThank you wilwal for keeping us updated.  Patience is the key I guess.

I'm refering to an article in the Investor''s Digest March 11 page 107 entitled:
Long Term Market Risk is "Very High"

Mr Kuhn advises:  don't expect this to be the end of the current market pullback. Long term risk is very high and will act as a heavy anchor on any prospects for a runaway market on the upside.
I quote "Some of the  advisors Mr. Kuhn tracks believe that the Dow Jones Industrial Average could tumble from the 16000 range to below 1000.  Stock markets do not like uncertainty".  End of quote.

If that happened, it would be catastrophic.  But i'm getting more and more of these warning signals from the stuff i read.  Conclusion:  Hang on to any gold interests you may have, and lighten up on everything else.
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