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home / news releases / TYBS - Open Insights: Inflation? Buckle-Up


TYBS - Open Insights: Inflation? Buckle-Up

$142 Trillion, that’s global GDP in 2019 in international dollars (you know, that hypothetical currency with a comparable purchasing power parity to the USD), when all was well, or at least better. For 2020, the IMF forecasts that global GDP will fall by 4.9%. That magnitude of decline is close to $7 Trillion of lost GDP, or basically the equivalent of closing Germany and France for the year (or for us US-centric folks shutting down California, Texas, New York and Florida). Lost productivity, lost services, lost jobs, those are all big holes to fill.

If

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Stock Information

Company Name: Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust
Stock Symbol: TYBS
Market: NYSE

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