Tradable trusts to offer bets on housing boom or gloom

05/5/2009 | Wall Street Journal, The

Two exchanged-traded products will give investors the opportunity to bet on the direction of U.S. residential-housing prices, as measured by the Standard & Poor's/Case-Shiller index. Investors who think prices are headed up can buy the MacroShares Major Metro Housing Up Trust, and those who anticipate prices going down can invest in the MacroShares Major Metro Housing Down Trust. MacroMarkets created the products.

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