QQQ vs. VGT: Where Should You Invest $1,000 Right Now?
Inflation and geopolitics are becoming bigger considerations for these tech-centric investments.
Overview
The Invesco QQQ ETF (NASDAQ: QQQ) and the Vanguard Information Technology ETF (NYSEMKT: VGT) have been two of the best-performing ETFs over the past decade or more. They've soared higher on the updrafts of an unprecedented liquidity boom in the post-COVID era and the advent of the artificial intelligence (AI) revolution.
But the environment is changing.
Details
The Iran war has caused inflation to accelerate to well above the Federal Reserve's 2% target, and to push back against that, the Fed has given indications that it could hike the benchmark federal funds interest rate at least once before the end of the year. President Donald Trump's high tariffs are also back on the table and could further hinder an already slowing U.S. economy.
Source
Originally published at www.fool.com.