Invesco Water Resources ETF(NASDAQ:PHO): Fed Chair Jerome Powell’s hawkish speech at the Jackson Hole economic symposium indicates continued market volatility, as the odds of a recession will increase with the Fed raising rates aggressively. Therefore, investing in water ETFs Invesco Water Resources (PHO), First Trust Water (FIW), and iShares Global Utilities (JXI) might be a wise decision now, given the sector’s resilience to economic uncertainties. Read more…
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