|Bid||43.36 x 38500|
|Ask||43.65 x 34100|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||12.16%|
|Beta (3Y Monthly)||1.16|
|Expense Ratio (net)||0.67%|
The Fed cut rates and signaled a pause in the easing cycle. This may result in a market crash in the medium term. Investors thus see safety in these ETFs.
Hawkish Fed outlook and renewed trade tensions shook the market to start August. These inverse ETF areas could be on a tear in the near term.
Federal is highly expected to cut interest rates by a quarter point for the first time in more than a decade. A few ETFs will benefit if the Fed cuts rates as expected, while a few may be adversely impacted.
Though markets rallied probably on the undervalued status and a still-steady US economy, rising recessionary fears and full-scale trade war risks should brighten the appeal of safer ETFs.