Millennials Get Slaughtered Trading Trump
As regular readers of ValueWalk will know, the US exchange traded fund industry is currently experiencing record demand for its products and services.
On Monday Monday TrimTabs Investment Research reported that US equity exchange-traded funds received a record $97.6 billion from Tuesday, November 8 through Thursday, December 15 as investors have gone all in on the Trump rally.
Despite the fact they are regularly slammed for their lack of financial planning ability, millennials have also been buying ETFs in the wake of Trump’s victory. However, as Bloomberg reported earlier this week, citing data from TD Ameritrade, millennials haven’t exactly profited from their trades.
Millennials Get Slaughtered Trading Trump
According to Bloomberg, millennials piled into high-risk, high-reward bearish...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
