Dow Sinks 2,000 Points, or 7.78%, Amid Oil Price War, Economic Fallout From Coronavirus
The Street – Stocks tanked Monday, global stocks sank and bond yields were sharply lower as investors’ fears about the spread of the coronavirus deepened and oil prices plunged as producers argued over how to cut production and lift prices in the face of weaker demand. “The biggest fear investors have right now is that this selloff is different than others,” said Nancy Davis, portfolio manager of the Quadratic Interest Rate Volatility and Inflation Hedge ETF (ticker: IVOL) and chief investment officer of Quadratic Capital. “It isn’t clear to me that any amount of rate cuts or quantitative easing will have much of an effect when the underlying issue is health-related.”
For the performance of the Quadratic Interest Rate Volatility and Inflation Hedge ETF (ticker: IVOL) including the top 10 holdings, click here.
The above link will take you off the KFA Funds website. Krane Funds Advisors, LLC (KFA) has included links to unaffiliated third parties for informational purposes only. The links and the views of the third parties do not necessarily reflect the views of KFA, its management, employees, officers, and affiliated entities. All opinions, evaluations, descriptions, and statements do not purport to be complete and are subject to change. KFA makes no representation as to the adequacy of information and should not be construed as an endorsement by KFA, its affiliated entities, management, officers, employees, and agents. This article contains the opinion of the manager. It should not be regarded as investment advice. r-ks-sei