Eighteen names were added to ETF Deathwatch for September, nine came off due to improved health, and four were removed because of closure. The net increase of five names pushes the count to 330 products, consisting of 227 ETFs and 103 ETNs. With 1,643 active listings at the end of August, that equates to one of every five (20%) products being on ETF Deathwatch.
Industry watchers questioned the need for gold bullion funds denominated in yen, euros, and pounds when they were introduced back in February. Apparently, the marketplace agreed, and the AdvisorShares Gartman Gold ETFs are now on ETF Deathwatch. Huntington has two ETFs on the market, and both were added this month, placing 100% of the firm's ETFs in jeopardy.
Three more iPath ETNs joined the list, which seems to be fairly common for this brand. Currently, 46 of the 72 iPath ETNs, or 64% of its
With cheap domestic natural gas prices and tighter environmental regulations, U.S. demand for coal has fallen in recent years. So coal export has become ever more important to domestic coal producers. With accelerating growth in economy and power demand, Asia is the obvious new export target for U.S. coal. U.S. coal shipments outside the country in 2014 are expected to surpass 100 million tons for the third year (see chart below).
East, Pacific Northwest, Gulf?
Typically, coal is transported via rail, truck to the port terminal and then exported by large dry bulk cargo ships. But the aging port infrastructure in the U.S. is already struggling with capacity issue. The capacity along the east coast is strained with increasing U.S. coal exports to Europe.
Theoretically, Pacific Northwest would be the best location for new coal terminals to