QQEW - Q3 2021 - U.S. Stocks & Economic Outlook

September, 24 2021 08:30 AM First Trust NASDAQ-100 Equal Weighted Index Fund

Two factors influenced the US stock markets in Q3. They are the Delta variant and tapering (Fed policy). They’re related.
The evidence about a rapid deterioration in labor force participation mounts as incoming information confirms that Delta-induced fear is influencing US labor force participants’ behaviors.
We expect Delta to burn through the unvaccinated population, including the unvaccinated school age cohort, with negative economic results.

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Company Name:	First Trust NASDAQ-100 Equal Weighted Index Fund
Stock Symbol:	QQEW
Market:	NASDAQ