Gamblers Are Sinking Billions Into a Leveraged Market Fringe
- Single-name amped-up ETFs are seeing record trading volumes
- Swings in mainstream assets abate after post-election moves
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The buy-everything mania that greeted Donald Trump’s election is cooling in the tried-and-tested world of stocks and corporate credit. Yet on Wall Street’s speculative fringes, the risk-taking frenzy is only getting bigger by the day.
Heavy trading — and big price moves — in everything from crypto to leveraged exchange-traded funds was the story in a week where swings in the S&P 500 and Nasdaq 100 finally started to abate.