JPMorgan Blames Pace of Friday’s Stock Selloff on Levered ETFs
A run for the exits by investors in levered exchange-traded funds on Friday exacerbated the largest single-day stock market selloff since April, according to strategists at JPMorgan Chase & Co.
A run for the exits by investors in levered exchange-traded funds on Friday exacerbated the largest single-day stock market selloff since April, according to strategists at JPMorgan Chase & Co.
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