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USLB - The 2021 Equity Equation: It's All About Interest Rates
Invesco Russell 1000 Low Beta Equal Weight ETF
The NASDAQ gave us a hint about what it thinks of the bond market's sell-off when it tumbled from 14,095 to 12,609 over 16 sessions in February and March.
Amid the NASDAQ's stumble, it would have been reasonable for the S&P 500 Value Index to have sold off in sympathy.
Value stocks were so down and out over the last generation that rising rates are breathing new life into them-the index is clawing its way to new highs above 1,400, having closed 2020 at 1,267.