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PSC - S&P 500 (SPY): What's Rising What's Not
March, 04 2022 08:21 AM
Principal U.S. Small-Cap Multi-Factor Index ETF
S&P 500's fortunes are tied to leading tech stocks which are heavily overvalued. There are signs of sector diversification but, overall, there are also strong signs of ratio cool-offs towards price normalization. There's very little to suggest any connection with the broader economic performance. However, consumption outlook is trimmed due to inflation. For further details see:
S&P 500 (SPY): What's Rising, What's Not
Stock Information
Company Name:
Principal U.S. Small-Cap Multi-Factor Index ETF
Stock Symbol:
PSC
Market:
NASDAQ
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