Emerging Markets Slump Props Up This Leveraged ETF

Higher-for-longer interest rates are causing bears to jump back into emerging markets (EM) as a stronger dollar continues to push back against a rally. The Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) has been a beneficiary of the recent slump. The largest EM economy, China, tried to resuscitate its growth with a recent rate [...] The post Emerging Markets Slump Props Up This Leveraged ETF appeared first on ETF Trends .