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QVMS - The Grinch That Stole Christmas And Kept Plundering
Invesco S&P SmallCap 600 QVM Multi-factor ETF
Stolen, plundered, looted, and the list goes on. It is what has happened to our portfolios since the beginning of the year. Bonds, equities, you name it.
While the Fed’s policies may well help our rate of inflation, now at 9.75%, averaging the PPI and the CPI, I do not see higher borrowing costs helping the markets in any possible fashion.
The markets have not been stolen. It is just a moment of redirection.