Consumer Sentiment Could Apply More Downward Pressure on This ETF

Lower consumer sentiment is pushing the Direxion Daily Consumer Discretionary Bull 3X ETF (WANT) lower this year, but should the economy avoid a recession, it could get a short-term bump higher with the holidays on the horizon. Right now, consumers are tightening their finances in addition to the U.S. Federal Reserve’s interest rate policy. Rate [...] The post Consumer Sentiment Could Apply More Downward Pressure on This ETF appeared first on ETF Trends .