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Not Impressed By Either Of The Stories That Have Been Powering XLU
There are two sets of stories driving Utilities Select Sector SPDR Fund ETF's rally. One involves the potential for interest rates to fall. The other involves the soaring demand for electric power due to AI, factory automation, electric vehicles, etc.
Seekingalpha | 1 year ago
XLU: Join Billionaires Trading Short-Term Pain For Long-Term Gain
Utilities are facing severe short-term headwinds. However, the sector enjoys very attractive long-term tailwinds, prompting some of today's leading investors to pour trillions of dollars into the sector. We examine different ways to invest in the sector, including offering our take on Utilities Select Sector SPDR® Fund ETF as a vehicle for investing in utilities.
Seekingalpha | 1 year ago
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