Michael Johnston submits:Continuing a very active month for the ETF industry, State Street rolled out three new sector-specific funds on Thursday. Each of the new products will provide more targeted exposure than the ultra-popular sector SPDRs that focus on the nine major industries of the U.S. economy. The new ETFs include:
The Patient Protection and Affordable Care Act is primarily about the provision of health insurance to people, but it does include a number of important provisions in the lifestyle, wellness, and prevention space that offers the most cost-effective route to improved health.
Steve Benen observes a curious exchange at the Senate Finance Committee:
“Are you aware that if you take out gun accidents and auto accidents, that the United States actually is better than those other countries?” Ensign said. Sen. Kent Conrad (D-ND) had been citing the health care systems of France, Germany, Japan and Canada as more effective, but with lower costs.
Conrad responded that one can bend statistics in all sorts of ways.
MUMBAI: The entry of a substantial number of new, differentiated banks is an overarching growth driver for the financial distribution segment, says a CII-PwC report. The other three growth drivers for the segment include providing an impetus to change in the delivery and consumption of financial services, demographic factors, technology changes and regulation, it said.
Jim Van Meerten submits: The US needs help in the area of energy conservation. I recently heard a news story that revealed that only 35% of the electrical energy produced in the US actually gets consumed; the rest is wasted in "leakage." Germany consumes almost 85% of the energy they produce and Japan's usage is in the 90%+ range.The Swiss company ABB Ltd (ABB) came up on my screening on Barchart for stocks hitting frequent new highs.
By Kate Sheppard
Among the many positive outcomes of carbon-reduction policy often ignored when looking at the costs are the health benefits. In fact, health savings due to improvements in air quality alone would outweigh the potential costs of cutting carbon, as one study earlier this year found.