Traders Turn to Inverse ETFs to Bet on a Hard Fall in China’s Economy
January 30, 2020 at 15:56 PM EST
As Chinese markets plunged in the wake of heightened coronavirus fears, traders looked to inverse exchange traded funds to capitalize on the pullback in case of further weakening in China’s economy. For example, the ProShares Short FTSEChina 50 (NYSEArca: YXI) takes the simple inverse or...