QVML - The S&P 500 Gaps Down On Coronavirus Pandemic Developments

November, 29 2021 08:36 AM Invesco S&P 500 QVM Multi-factor ETF

Thanksgiving holiday, which is normally a low volume trading day turned into a noteworthy event because of the development of what is now being called the Omicron variant of the SARS-CoV-2 coronavirus.
The trajectory associated with 2022-Q1 is not much different from that for 2021-Q4, which is why we say investors may be focusing on either of these quarters.
Just looking a little further forward to the end of the forecast range to look at the relative positions of the trajectories for 2021-Q4/2022-Q1 and 2022-Q2 confirms a shift in investor focus from 2022-Q2 toward the earlier quarters would lead to a shift in the level of the S&P 500 of the magnitude that has occurred.

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Company Name:	Invesco S&P 500 QVM Multi-factor ETF
Stock Symbol:	QVML
Market:	NYSE