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home / news releases / SMLL - 2 'Game Changers' Improve Outlook


SMLL - 2 'Game Changers' Improve Outlook

Executive Summary:

The combination of Abbott's new rapid COVID test and Jay Powell's announcement that the Fed is taking a new tack on their approach to inflation pushed the S&P 500 to another all-time high on Thursday. While both can be viewed as "game changers," the realization that the Fed won't be embarking on any preemptive rate hikes if/when inflation rises means rates are likely to stay near zero for longer than even the most ardent bulls had expected. And this, dear readers, looks to be the real key to the fundamental backdrop to this

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Stock Information

Company Name: Direxion Daily Small Cap Bull 2X Shares
Stock Symbol: SMLL
Market: NYSE

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