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QQQM - Peak Insanity: Stagflation Could Trigger A Market Crash
November, 29 2020 03:42 AM
Invesco NASDAQ 100 ETF
Record retail participation in the stock market indicates euphoria. Goldman Sachs stated that U.S. equity markets are valued at 92% across aggregated valuation methods. High debt and unemployment, low economic growth, and rising costs have created a stagflation trap similar to the early 1970s. Fed POMO may need to purchase trillions more in securities to avoid a severe market downturn in the years ahead. Avoid long-term bonds, buy gold and cash-generating companies. For further details see:
Peak Insanity: Stagflation Could Trigger A Market Crash
Stock Information
Company Name:
Invesco NASDAQ 100 ETF
Stock Symbol:
QQQM
Market:
NASDAQ
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