This is a news story, published by MSN, that relates primarily to The Federal Reserve news.
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big tech stocksThe Motley Fool
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85% Informative
In April and May , the M2 money supply grew 0.6% year over year .
That climbed to 1% in June and 1.3% in July .
The Federal Reserve is widely expected to announce its first rate cut of the cycle this month .
The Schwab Fundamental U.S. Large Company ETF (FNDX) is an interesting index fund.
Since the Invesco fund's inception in 2003 , it's produced an average compound annual return of 11.63% versus 11.06% for the S&P 500.
With an expense ratio of 0.2% , it's an inexpensive way to invest in large-cap stocks as money supply growth accelerates.
The equal-weight index fund will outperform if the market broadens.
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