QVML - What's The True Inflation Rate?

May, 24 2022 03:35 PM Invesco S&P 500 QVM Multi-factor ETF

The S&P 500 held the 3,800 level last week – a key Fibonacci retracement level for the technically inclined investor – thus, with falling inflation expectations, the stock market could turn friendlier quickly.
In addition to the S&P 500’s retracement level retest at 3,800, since the 10-year Treasury yield hasn’t made a new high since May 9th’s 3.17% high tick, if bond prices firm up and yields fall, that’s another positive for stocks.
The TIPS and breakevens were worth noting. The true inflation rate is probably far lower than the headline numbers. Just keep that in mind.

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