Risk-Off Sentiment Fueled Defensive Mindset in May

This article was originally published on ETFTrends.com.

So what did investors do when the markets were awash in volatile-laden sell-offs in May as a result of U.S.-China tariff battles? They sought out consumer staples–and this could be a persisting trend that could boost the Direxion MSCI Defensives Over Cyclicals ETF (NYSEArca: RWDC) if trade wars become protracted. “Thanks to renewed risk-off sentiment, cyclical [...]

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