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On Wednesday, the Federal Reserve implemented its first interest rate cut in four years.
Wall Street has seen a somber start to September.
Downbeat manufacturing data flared up U.S. economic concerns. This opened up opportunities for safe sector ETF investing.
If you're interested in broad exposure to the Consumer Staples - Food & Beverage segment of the equity market, look no further than the First Trust NASDAQ Food & Beverage ETF (FTXG), a passively managed exchange traded fund launched on 09/20/2016.
Inflation in the United States rose for the first time in July after 12 straight months of decline. Investors should note that a pickup in inflation came as it was calculated from a lower base after prices subsided last July.
The First Trust NASDAQ Food & Beverage ETF (FTXG) made its debut on 09/20/2016, and is a smart beta exchange traded fund that provides broad exposure to the Consumer Staples ETFs category of the market.
The Consumer Price Index rose 3% year over year, marking the lowest rate since early 2021, and 0.2% over the last month.
If you're interested in broad exposure to the Consumer Staples - Food & Beverage segment of the equity market, look no further than the First Trust NASDAQ Food & Beverage ETF (FTXG), a passively managed exchange traded fund launched on 09/20/2016.
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Easing inflation indicates that the economy is stabilizing and interest rates may be declining. In such an environment, some sectors tend to perform better than others.
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