ISHP - What Will It Take To Kill Inflation - A Repeat Of 1979-82? (Let's Hope Not)

April, 21 2022 10:15 AM First Trust S-Network E-Commerce ETF

St. Louis Fed President James Bullard, in an interview with the FT last week, said it is a “fantasy” to believe that the Fed can bring down inflation sufficiently without raising key interest rates to a level where they will constrain economic growth.
The good news is that extreme moves will likely not be necessary, since we may have seen “peak inflation” in the March report.
Inflation rates should recede in April (in the report to be released in mid-May), as crude oil prices briefly hit a six-week low early last week due to fears of slumping global demand due to China’s Covid-19 shutdown as well as a recession enveloping Europe.

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Company Name:	First Trust S-Network E-Commerce ETF
Stock Symbol:	ISHP
Market:	NASDAQ