DIREXION DAILY FINANCIAL BEAR 3X SHARES ETF News

Baird analyst David A. George sees the Fed's 100-basis point rate cut creating ~15% headwind for banks' EPS.But with banks capitalized to weather a protracted recession, "look to add sector exposu

The New York Fed's Open Market Trading Desk will conduct an additional overnight repo agreement operation from 1:30PM-1:45 PM ET for up to a total offered amount of $500B."This action is taken to

The U.S.'s largest banks will weather this market downturn, in contrast to their precarious state in the 2008 financial crisis, Treasury Secretary Steven Mnuchin tells CNBC."The Fed is ahead of th

Although the implications of the covid-19 virus are severe for a small segment of the population, for most of us the impact is likely to be minimal. The implica

As an oil price war and the spread of coronavirus roil markets with little indication that the volatility will abate, analysts and economists are expecting the Fed to go beyond interest rate cuts and

The Fed makes a number of changes "to address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak."The three major U.S. stock averages pare their

Private equity giant Blackstone Group (NYSE:BX) is asking portfolio companies it controls to draw down their bank credit lines as a way to ensure that they'll have enough liquidity amid increasing sig

The Fed is adding more liquidity to short-term funding markets by boosting overnight and term repurchase agreement operations.The New York Fed's Open Market Trading will offer at least $175B in daily

Tobias Adrian, director or Monetary and Capital Department of the International Monetary Fund, recommends that authorities keep a close eye on asset managers and exchange-traded funds, where investor

With the S&P 500 having shed 7.6% on Monday, sliding to its lowest close since June, it's fair to say there is money to be made on the downside in the current market environment. For some traders, tha

The New York Fed's Open Market Trading Desk accepts all $123.6B of securities submitted under its expanded overnight repurchase agreement (repo) operations.$95.2B of Treasury securities were submitted

Goldman Sachs Group economists now expect the Fed to slash its benchmark interest rate by another 50 basis points when its policy-setting arm meets on March 17-18 and again at their April 28-29 meetin

Late Rally Keeps Stocks Positive for the Week