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home / news releases / SMLL - Is A 'V' Recovery Still Possible For The U.S. Economy?


SMLL - Is A 'V' Recovery Still Possible For The U.S. Economy?

The deep recession triggered by the coronavirus is the worst downturn since the Great Depression, but the hope is that the rebound will be equally swift and strong-a 'V' recovery. Unfortunately, the outlook for this best-case scenario is precarious.

Some Federal Reserve officials are managing expectations down, advising that the path of the rebound may be slow and uneven. "I don't expect a sharp V-shaped recovery, I expect something more like negative quarters of growth throughout 2020, and then a gradual return to positive growth in 2021," says Federal Reserve Bank of San Francisco President

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Stock Information

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

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