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QQEW - China Liquidity May Not Be Enough To Fight Winter Depression
October, 05 2020 04:00 PM
First Trust NASDAQ-100 Equal Weighted Index Fund
Global equities look overall fragile as we are entering the winter period. Chances of a second lockdown are gradually increasing, which would lead to a complete disaster for economic fundamentals. China credit impulse and excess liquidity have been rising in the past two years, which has usually been a good signal for risky assets. However, China stimulus may not be enough to sustain the momentum in the coming months. For further details see:
China Liquidity May Not Be Enough To Fight Winter Depression
Stock Information
Company Name:
First Trust NASDAQ-100 Equal Weighted Index Fund
Stock Symbol:
QQEW
Market:
NASDAQ
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