Inflation Isn’t Stopping This Consumer Discretionary ETF
March 18, 2024 at 10:29 AM EDT
In a global macroeconomic environment fraught with high inflation, consumers are stressing needs over wants, but that’s not to say they’re abstaining from the latter completely. That’s evident in the Direxion Daily Consumer Discretionary Bull 3X ETF (WANT) having risen 70% within the past year. Despite elevated interest rates and inflation, consumers aren’t choosing to avoid [...] The post Inflation Isn’t Stopping This Consumer Discretionary ETF appeared first on ETF Trends .
