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Bob Carey
Chief Market Strategist
Brian Wesbury
Chief Economist
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Factoid of the Day Friday, May 20, 2022
Flash droughts are a relatively new phenomenon when it comes to natural disasters. They come on fast and can turn conditions from normal to severely dry in less than a month, according to Discover. The damage can be withered crops, dried streams or depleted wells. A two-decade study (thru 2020) found that 33% to 46% of global flash droughts developed within just five days, according to Nature. A flash drought across the central U.S. in mid-2012 resulted in $35.7 billion of agricultural loss. 
Brian Wesbury - Economic Video Commentary
Initial Thoughts on Ukraine and the Markets

First Trust Indxx Metaverse ETF (ARVR)
Exchange Listing Date: April 20, 2022

First Trust Target Outcome ETFs®
New Target Outcome Period - May 23, 2022
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Cboe Vest Large Cap Buffered Portfolio, Series 31
Initial Offer Date: May 26, 2022
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  Unit Investment Trusts Upcoming Deposit Information Initial Offer Date
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Cboe Vest Large Cap Buffered, 31 5/26/2022
FT Income, 16 5/26/2022
Inflation Hedge, 49 5/26/2022
Income Dividend Equity Allocation (IDEA), 33 5/27/2022
Mega-Cap, 65 5/27/2022
Aerospace & Defense, 36 6/1/2022
Emerging Markets Strength, 56 6/1/2022
Leisure & Entertainment, 12 6/1/2022
Sabrient Small Cap Growth, 34 6/1/2022
Global Commodities Buy-Write, 1 6/2/2022
Municipal Income ETF, 3 6/2/2022
Senior Loan and Limited Duration ETF, 2 6/2/2022
Equity Income Opportunity, 21 6/3/2022
High Dividend Equity Allocation, 43 6/3/2022
Stonebridge Preferred Income, 37 6/3/2022
Energy Select, 84 6/8/2022
Content Leaders, 26 6/9/2022
Dividend Strength, 57 6/10/2022
Dow® Target 10, June 2022 6/10/2022
Strategic International Opportunity, 22 6/10/2022
Tax Exempt Municipal Income, 324 6/14/2022
Tax Exempt Municipal Income, Intermediate, 46 6/16/2022

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