Oil Tops $100, Fed Hike Bets Surge: 5 Defensive ETFs to Watch Now
Oil tops $100 as Saudi supply plunges and Fed hike bets rise. Here are five defensive ETFs to watch as inflation risks intensify.
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SGOV and TLT are drawing billions as bond ETF investors split between short-term Treasury income and a bet on falling long-term yields.
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Oil tops $100 as Saudi supply plunges and Fed hike bets rise. Here are five defensive ETFs to watch as inflation risks intensify.
VOO led ETF inflows with $3.3B. Investors also poured money into Treasury and gold ETFs; total ETF flows reached $5.3B on Thursday.
QQQ attracted $860.25 million and VOO $693.23 million in ETF inflows Thursday, while GLD added $627.68 million as total ETF flows reached $2.83 billion.
This FOMC interest rate preview explores whether the Fed will be able to calm the bond market as yields continue rising.
Surging energy prices and rising yields stall market broadening, forcing a return to mega-cap tech and semiconductor dominance.
Friday’s CPI report could decide whether the Fed hikes rates next week, with traders split over a crucial 0.2% or 0.3% core inflation print.