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QVML - Is 'Normalcy Bias' Blinding Us To The Looming Economic Storm?
Invesco S&P 500 QVM Multi-factor ETF
Despite their general discontent, most people don’t seem to think a severe economic downturn is imminent - despite many warning signs.
There are certainly many factors, but one likely reason people can’t see the train hurtling down the tracks is a psychological phenomenon known as 'normalcy bias.'