ETFs & Mutual Funds
Once-Hot Wall Street Funds Unravel Fast With No Savior in Sight
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
With Jerome Powell ruling out a rescue mission this week and incurring the wrath of Donald Trump, Wall Street is desperate for a lifeline as tariff-lashed markets slide anew.
How desperate? Just look at the all-out plunge this year in returns that has taken hold across investment strategies that ride everything from US stocks big and small to cryptocurrencies and corporate debt.