HYDD News and Press, Direxion Daily High Yield Bull 2X Shares ETF From 05/04/20

Writing for the Brookings Up Front blog, Stuart Butler and Timothy Higashi urge fiscal policymakers to look beyond the current crisis. Extraordinary short-term spending is justified, they agree, but, they urge that "we also need to put in place - ideally as part of ongoing stimulus measures ...

The increasing concentration of the ownership of wealth/assets in the top 10% has an under-appreciated consequence : when only the top 10% can afford to buy assets, that unleashes an almost karmic payback for the narrowing of ownership, a.k.a. soaring wealth and income inequality: assets cra...

Judging by the stock market, the odds are rising for a reflationary run. Economic data, however, offer a conflicting view. Let's start with stocks, everyone's favorite discounting machine for guesstimating the future. The S&P 500 Index, after plunging last month at the steepest, fastest ...

10-year Treasury rates are already low, but they are on the cusp of going even lower. The printing of money and the contracting economy will be blamed for the disinflationary forces that are now bestowed upon us, and that will send rates on the 10-year to nearly 0%. It seems like a wild idea...

Just where was the fire that caused the Federal Reserve to buy $1.3 trillion of treasury debt in a month -- financing all treasury sales and then some? I've been puzzling about this question in a few posts. Commenter "unknown" impolitely but usefully points me to a nice paper by Andreas Schri...

Anthony Okolie recaps the biggest news of the day, including the latest COVID-19 developments, followed by a conversation with Scott Colbourne, Managing Director, Global Active Fixed Income, TD Asset Management, about the Fed's pledge to keep rates near zero to support the economy through...

By Kevin Flanagan Unlike other Federal Reserve (Fed) related news since the beginning of March, the April FOMC meeting did not provide any groundbreaking headlines. The policymakers have been incredibly busy over the last six weeks, so this was not really much of a surprise. In fact, wasn'...

Back in May 2009, Paul Krugman published a column titled "The Big Inflation Scare." In it, he complained about the "inflation fear-mongering" going on at the time. "Suddenly," Krugman wrote, "everyone is talking about inflation. Stern opinion pieces warn that hyperinflation is just around ...

The economy slumbers in its induced coma. Businesses are closed, workers furloughed or laid off. But the astonishing headline falls in economic indicators such as GDP and PMI conceal a grim reality. Businesses are closing not just because they have been ordered to do so, but because they are r...

Investment thesis: the bond market has made great strides towards stabilization, largely due to the Federal Reserve Acting as the lender of last resort. Investors that are looking for higher yield could consider more conservative investments in the [[IEF]] (the 7-10 year Treasury) or the [[VCI...