Water ETFs Could Clean Up Act With Obama
By Tom Lydon on November 24, 2008 | More Posts By Tom Lydon | Author's Website
A nationwide push for President-Elect Barack Obama to address drinking water issues may affect related exchange traded funds (ETFs) in a healthy manner if he agrees.
The water industry is calling for safer drinking water standards, source water protection and infrastructure investment, reports Water Tech online. Organization such as American Water Works Association, Association of Metropolitan Water Agencies, National Association of Water Companies, and National Rural Water Association have collaborated to put together a document for issues at hand.
Some of the infrastructure investment and drinking water projects will require legislation and policy and direction of the new president. Obama has expressed that this kind of investment will be a priority for him.
- PowerShares Water Resources Portfolio (PHO), down 48.1% year-to-date

- Claymore S&P Global Water Index (CGW), down 48.4% year-to-date

Has Gold Just Broken Out Of Its Trend Channel?
One Reason Why The US Dollar Might Rise
Ron Paul Thinks That Fed “Oversight Is Laughable”
S&P 500 Index Is Still Overvalued
This Small Oil Exploration Company Is Ripe For A Takeover… Here’s How To Profit
Bay Street Stocks Slip Slightly Again - Canadian Commentary - 1 day ago
Stocks Close Mostly Lower Amid Disappointing Quarterly Results - U.S. Commentary - 1 day ago
Bay Street Stocks Linger Slightly Below Unchanged Level - Canadian Commentary - 1 day ago
Stocks Remain Stuck In The Red In Mid-Afternoon Trading - U.S Commentary - 1 day ago
European Markets Fall, Led By Banks, Oils - European Commentary - 1 day ago


