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TRND - A Major Support For Asset Prices Has Reversed
December, 21 2020 09:11 AM
Pacer Trendpilot Fund of Funds ETF
In 2019, we wrote about how corporate share repurchases, or "stock buybacks," had accounted for nearly all buying in the market. A year later, that significant support for asset prices has reversed. Notably, while investors are willing to "pay more for less" in earnings, revenue growth deteriorated more. For further details see:
A Major Support For Asset Prices Has Reversed
Stock Information
Company Name:
Pacer Trendpilot Fund of Funds ETF
Stock Symbol:
TRND
Market:
NASDAQ
Website:
www.paceretfs.com
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