Chronicle Journal: Finance

Rate Cuts Could Put FAZ Inverse ETF in Play

By: ETFdb
As big banks continue to report their second-quarter earnings this week, some are already expressing concern with respect to the possibility of rate cuts by the Federal Reserve through 2019. In particular, profits could shrink as a result of lower interest rates, which could put the Direxion Daily Financial Bear 3X ETF ( FAZ B ) in play.
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