Fed Plans QE Taper: Time for Cyclical Sector ETFs? - NewsBreak
By Austine in Business
Updated 3 years ago
Wall Street has rallied hard this year on vaccine distribution, a prolonged period of easy money policy and fiscal stimulus. Stronger-than-expected earnings are the major catalysts at present. The Q2 earnings picture has been robust, with aggregate total quarterly earnings on track to reach a new all-time record. The strength has been palpable on the revenue side.
