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Wednesday’s ETF To Watch: Volatility ETN (VXX)

By: ETFdb
As the election results come pouring in, investors look for the Republicans to take control of the House of Representatives and make gains in the Senate, leaving President Obama with a difficult next two years and limited opportunities to enact any more of his agenda without massive concessions to the right. Meanwhile, Republicans may still be unable to enact legislative goals due to a lack of control in the Senate and Obama’s looming veto. This situation could set the stage for at least two years of legislative stalemates, a development that could have uncertain ramifications for markets in the U.S. and around the world. Investors will have to quickly digest these new events and their ramifications before another potentially decisive event takes place: the Federal Open Market Committee meeting is on tap today, with the central bank scheduled to announce its policy decision later today in Washington D.C. Most investors [...] Click here to read the original article on ETFdb.com. Related Stories: Guide To Volatility ETFs: Volatility ETN Investing 101 Wednesday’s ETF To Watch: Canadian Dollar ETF (FXC) VIXX: First Volatility ETF On The Horizon
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