Steve Higgins

ContactSteve Higgins has been a journalist for more than 25 years and has extensive experience covering business, the economy and personal finance. He spent 12 years as a business reporter for daily newspapers in Arizona, Florida, Georgia, and Connecticut, followed by 12 years as an editor, most recently as business editor of the New Haven Register in Connecticut.
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ETF Alert -- Turmoil In Tunisia May Spill Over Into Middle East, North Africa Regions edit
Friday, January 21, 2011 12:28

Growth in emerging markets has captivated investors looking for higher yields, but a new report by ETF Database raises a warning flag tied to economic trouble spots such as Tunisia.

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The article focuses on political uncertainty in Egypt, outlining how one index fund that focuses on Egypt dropped by 8% last week on concerns that the nation may erupt in violence similar to that occurring in nearby Tunisia. Protests have also taken place in Algeria.


Financial advisors who are seeking diversity and yield in fast-growing overseas markets through ETFs or other vehicles should carefully consider regional conditions and perhaps moderate their weightings in those regions undergoing the most political and economic unrest.
 

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