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Direxion FTSE Russell International Over US ETF Direxion Shares ETF Trust
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results. At the time of writing, analysts are still trying to get to grips with the virus's economic impact and they commonly express the hope that after a month or two, everything will return to normal. This seems too optimistic.
The credit crisis was already likely to be severe, given the combination of the end of a prolonged expansionary phase of the credit cycle and trade protectionism. These were the conditions that led to