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QQQM - Inflation Could Unbalance Policy And Portfolios
Invesco NASDAQ 100 ETF
The resolution of inflation and policy uncertainty is likely to be among the most important determinants of market performance over the next 12 months.
Even before Wednesday’s Consumer Price Index release, we saw signs of the shockwave to come earlier in the week.
Real yields at every point on the U.S. Treasury curve are at historic lows. We haven’t seen the real fed funds rate below -6% in living memory - not even during the 1970s.