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QQEW - The Coming 'Reversion To The Mean' Of Economic Growth
First Trust NASDAQ-100 Equal Weighted Index Fund
From stimulus boom to income thud, the coming “reversion to the mean” of economic growth is happening faster than economists expected.
We previously noted that while many mainstream economists believed the current economic “boom” would persist, several factors suggested it wouldn’t.
Given that wages haven’t risen fast enough over the last 20-years to compensate for increased living costs, the rise in household debt is not surprising.