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QQEW - A Muted Recovery Is The Best We Can Get: Harrison

  • Today’s dismal print for durable goods didn’t stop the equity market from rallying; the Dow, NASDAQ, and S&P all closed up on the day.
  • Inflation will play a big part in where we go from here; we could continue higher or there could be a phase shift to a more muted upturn.
  • We will see deterioration first through the bankruptcy cycle and that will be the trigger for any sort of move in equities.

For further details see:

A Muted Recovery Is The Best We Can Get: Harrison
Stock Information

Company Name: First Trust NASDAQ-100 Equal Weighted Index Fund
Stock Symbol: QQEW
Market: NASDAQ

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