UCO - UCO: Leveraged Future-Like Exposure To Energy's Reprisal
- Global energy is geared up to deliver best-in-class performance following a chaotic 2020.
- The global reopening coupled with commodity-linked inflationary pressures has witnessed black gold’s reprise.
- Headwinds abound – a potential 3rd SARS-Cov2 wave, divergent sovereign nation economic policies, Iranian oil and discord among OPEC members portend risk.
- Yet cheap, reliable energy remains the cornerstone of global economic development.
- UCO provides investors leveraged exposure to one of the most prominent dead cat bounces in oil’s history.
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UCO: Leveraged Future-Like Exposure To Energy's Reprisal