Invesco QQQ Trust Rises 0.61% as Infrastructure Assets Gain Spotlight
Investors are banking on a TACO trade expecting the Iran conflict to end within weeks, but JPMorgan advises tilting toward core infrastructure as capital spending is projected to exceed depreciation for the first time this century. Invesco QQQ Trust rose 0.61% over the past month and added 0.60% in premarket trading on rising odds of de-escalation.
1. TACO Trade Strategy and Risks
Wall Street is deploying a TACO trade—Trump Always Chickens Out—anticipating a swift end to the Iran conflict within about a month, though strategists caution that global events remain unpredictable and past reversals of aggressive foreign policy may not repeat.
2. Infrastructure Assets Outlook
JPMorgan highlights core infrastructure as underutilized, noting capital expenditures will for the first time exceed depreciation this century, driven by rising energy demand, security concerns and the energy transition, offering defensive income and potential short-term capital shortages to boost returns.
3. QQQ Price Action
Over the past month Invesco QQQ Trust gained 0.61% and advanced 0.60% in premarket trading, reflecting investor optimism that Nasdaq-100 equities will rebound as geopolitical tensions ease and markets price in a de-escalation scenario.