TRND - ETFs Exacerbate Normal Market Volatility

• Most of the selling pressure in the popular NASDAQ names and the hot Chinese ADRs can be traced to "thematic investing" ETFs that specialize in "disruptive technologies".
• This is not the first time that the ETF industry has inflated or deflated the price of hot stocks. However, as long as the underlying fundamentals of a stock remain strong, you should not worry.
• Now that the Biden Administration has passed its stimulus package, the next question is how will those $1,400 stimulus checks boost retail sales? The $600 debit cards that arrived in January helped to boost retail sales 5.3%, so another potential surge in retail sales is imminent, which is great for GDP growth.

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