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QQEW - Here's What's Being Bailed Out Next
April, 11 2021 05:48 AM
First Trust NASDAQ-100 Equal Weighted Index Fund
Normalizing interest rates to the 5% level will slash corporate profits by 1/3 and lead to an insolvent corporate bond market. Capping rates through yield curve control will ensure that pension systems do not meet their 7.5% return requirement. I believe yield curve control and a pension bailout are more likely. The only guarantee from this untenable situation is that the purchasing power of the dollar will fall relative to scarce assets. For further details see:
Here's What's Being Bailed Out Next
Stock Information
Company Name:
First Trust NASDAQ-100 Equal Weighted Index Fund
Stock Symbol:
QQEW
Market:
NASDAQ
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