Maria Levitov, Julia Leite and Harry Suhartono reported on the rise of BlackRock
] iShares MSCI Emerging Markets Index ETF
after positive Chinese exports data.
Levitov, Leite and Suhartono report that the ETF added 1.5 percent at 11:30 a.m. Monday in an eight-day rally and the MSCI Emerging Markets Index
rose 1.7 percent to 972.16.
Despite the overall trends, with investors pulling billions out of SPDR S&P 500 ETF
and SPDR Gold Trust
in 2013 so far, State Street Bank & Trust's
] head of Investment Strategy, Dave Mazza
, is bullish on equities and gold, Barron's
Teresa Rivas writes.
Rivas writes that Mazza spoke to IndexUniverse
, saying, "What we now see is a base of longer-term strategic investors--both institutional or individuals--who are really thinking about the benefit that gold can play in their portfolio from a diversification standpoint over the long run."
Regardless of Mazza's sunny disposition on the subject, Ned Davis Research
advised investors to wait until outflows became inflows before coming back in and Bloomberg
reported hedge funds' gold bets are at high levels as conflict in the Middle East draws near, Rivas writes.
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