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FEB 25, 2013 - TheStreet

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Why An Upcoming Pullback Could Whack Financial ETFs

NEW YORK (ETF Expert) --U.S. stocks (S&P 500) have packed on Olympic-sized gains through the initial eight weeks of 2013. Federal Reserve policy uncertainty aside, 6%-plus capital appreciation on low volatility is impressive by any measure. The bulk of the run-up is attributable to industries tied to economic growth and enhancement. Sector ETFs that represent financials, industrials, technology and energy have been the most prominent performers. This is particularly remarkable when one considers the high probability of a sequester drag on the U.S. economy. However, it is unusual ... Read More

Tags: Why An Upcoming Pullback Could Whack Financial ETFs,  Interest Rates Latest News