Citing inability to attract sufficient investment assets, Direxion announces liquidation and closing the funds. Direxion Russell Large Over Small Cap ETF (NYSEARCA: RWLS ) , Direxion Russell Small Over Large Cap ETF (NYSEARCA: RWSL ) , Direxion MSCI USA Cyclicals Over Defensives ETF (NYSE...
NEW YORK , Aug. 28, 2020 /PRNewswire/ -- Direxion continually reviews its product range to ensure it's meeting the needs of our clients. Based upon a recent review, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close 15 ETFs (each, a "Fund" and c...
As the COVID-19 pandemic spreads across the globe, an unprecedented lockdown has been imposed in more than 100 countries to minimize the spread of the virus. As the number of new cases globally appears to be peaking, markets are reacting positively, and we are beginning to look through to the...
Investment thesis. Global equity markets made strong moves this week based on the strength and size of the fiscal and monetary stimulus along with the belief that we're nearing a contagion peak. However, investors haven't seen the actual economic numbers yet; wait for the markets to survive...
Investors are suddenly confronted with a rapidly changing investment landscape as a result of the coronavirus pandemic. The more immediate of these is an economy which is placed in a self-induced coma in order to create the social distancing necessary to mitigate the pandemic. But the pandem...
Research by the Brookings Institution and Financial Times shows that the global economy will be stuck in neutral for awhile, a situation called "synchronized stagflation" by Brookings' Eswar Prasad. More news on: Vanguard FTSE Developed Markets ETF, iShares MSCI EAFE ETF, Gabelli E...
Elga explains what our new tracker of developed market earnings is telling us, and why our view on earnings is gloomier than the markets. We have created a new tool for tracking developed market ((DM)) earnings. Our new earnings tracker leverages our existing suite of macro indicators, inc...
By Stefan Hofrichter, CFA, Global Economist at Allianz Global Investors Has the global economy once again become overloaded with debt? More than 10 years on from the financial crisis – which was, at its core, a debt crisis – there are signs that indebtedness is reaching worri...
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NEW YORK , Aug. 28, 2020 /PRNewswire/ -- Direxion continually reviews its product range to ensure it's meeting the needs of our clients. Based upon a recent review, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close 15 ETFs (each, a "Fund" and c...