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ETFs to Play on Dovish Fed Minutes

The latest Fed minutes came in dovish which indicates that officials may not be ready to go for tightening the policy as yet. According to the minutes of the U.S. central bank's June policy meeting, the Fed officials felt considerable improvement on the economic recovery "was generally seen as not having yet been met," though they are watchful of the inflation concerns.

The minutes indicated that the Fed officials are worried about new inflation risks but still-relatively-high unemployment has been keeping them from tightening the monetary policies. After its meeting and statement last month, investors started to fear that the Fed would tighten the policy more quickly than previously expected.

The minutes led the growth-oriented Nasdaq to a new high as rates are likely to remain lower for longer. Moreover, fears of delta variant of COVID-19 are also causing higher demand for the tech stocks as these are winning ones amid stay-at-home trend. Since the Nasdaq is tech-heavy, low rates should boost this fund.

If rates remain low and inflation remains relatively higher, investors can bet on the ETFs like Invesco QQQ QQQ, SPDR S&P 500 ETF SPY, iShares Russell Top 200 Growth ETF IWY and Materials Select Sector SPDR ETF XLB.


Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. 

See 3 crypto-related stocks now >>

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Invesco QQQ (QQQ): ETF Research Reports
 
SPDR S&P 500 ETF (SPY): ETF Research Reports
 
Materials Select Sector SPDR ETF (XLB): ETF Research Reports
 
iShares Russell Top 200 Growth ETF (IWY): ETF Research Reports
 
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