2 ETFs That Are a Retiree's Best Friends

[ETF Daily News]( February 15th, 2023 SPONSORED AD [A New Panic Could Sweep America in 2023]( This Wall Street professor warns the FBI and U.S. Pentagon about a banking scheme that could soon cause a financial panic in all 50 states. [Get the exclusive story here.]( [2 ETFs That Are a Retiree's Best Friends]( The positive inflow of economic data in recent weeks has fostered prospects of a ‘[no landing]( scenario where the economy would continue to fly high without experiencing a recession or slowdown. The nation’s hiring has chugged of late, with the Labor Department reporting that employers added a robust [517,000 jobs in January]( which is more than 2.7 times increase than market expectations. Also, the unemployment rate decreased to a 53-year low of 3.4%, depicting strong labor market resilience. However, yields have climbed more quickly on short-term Treasury than on longer-term bonds, indicating a [red flag that a recession is looming](. Last week the yield on the 10-year Treasury dropped more than 0.85 percentage points below the two-year yield, making the [most inverted curve since 1981](. An uncertain market environment conventionally necessitates the need to load up defensive players. Fundamentally strong Exchange-Traded Funds (ETFs), Vanguard S&P 500 ETF ([VOO]( and… Continue reading at [STOCKNEWS.com]( Copyright © 2023 StockNews.com | All Rights Reserved [Unsubscribe]( [Privacy Policy]( [Terms & Conditions]( Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019