The Fed rate hike worries are less likely to derail the economic growth momentum in the near term. Investors can bet on these top-ranked ETFs.
As expected, the Federal Reserve on Wednesday hiked its benchmark interest rate by 25 bps.
As expected, the Federal Reserve boosted its benchmark interest rate by 50 basis points this week.
Invesco S&P 500 Enhanced Value ETF, SPDR S&P Retail ETF, SPDR Portfolio S&P 600 Small Cap ETF and Industrial Select Sector SPDR Fund are included in this Analyst Blog.
The Russell 1000 Value index surged 10.1% in October, beating its growth counterparts by 4.3 percentage points.
As expected, the Federal Reserve raised its benchmark interest rate by 75 bps this week for a fourth straight time.
IEZ, IGN, IAK, VIOV and SPVU are part of the Zacks top Analyst Blog.
Investors are betting that traditional stocks like banks will lead the next bull market. Notably, energy and industrials were the biggest winners in October.
The current pullback in the S&P 500 is now the longest from peak to trough since the March 2009 low at 269 days and counting, according to research from Compound Capital Advisors, as quoted on Yahoo Finance....
According to Ari Wald, head of technical analysis at Oppenheimer, we're on the verge of a turnaround right now, as quoted on TipRanks, published on Yahoo Finance.