Leveraged ETFs underperform because of the high debt payments required. If these loans are denominated in dollars (likely), these loans will not be affected because the contracts are already signed. But future funding would become more expensive to service if they must denominate their debt in currency that appreciates relative to the dollar.
You are right about not buying and holding them. Here is a site that trades ETFs short term, and does pretty well. Check out SPXTimer
richardnday 1 year ago
watch?v=UlDNMB6wYmI
SilverRose09 2 years ago
How will funds pan out if the USD looses global backing status?
-Dave N FL
axostech 2 years ago
Leveraged ETFs underperform because of the high debt payments required. If these loans are denominated in dollars (likely), these loans will not be affected because the contracts are already signed. But future funding would become more expensive to service if they must denominate their debt in currency that appreciates relative to the dollar.
herbs814 2 years ago