Rate Cuts Could Put FAZ Inverse ETF in Play
July 19, 2019 at 07:00 AM EDT
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.
