Continued Rate Hikes a Boon for ‘TMV’ ETF

This article was originally published on

While the U.S. economy continues its forward momentum with tailwinds from a strong stock market that has already seen major indexes like the S&P 500 reach record levels, the Federal Reserve is primed to continue hiking the federal funds rate, which is a boon to the Direxion Daily 20+ Yr Trsy Bear 3X ETF (NYSEArca: TMV). TMV [...]

Continue Reading Below

Read more at >