The fact that we've got a $Cerebras(CBRS.US) 2x leveraged ETF...
Is exactly why we can't have nice things.GS data shows that Retail are using more and more leverage.Which is why I think immediate releases of leveraged ETPs by firms like Leverage Shares is extremely predatory.Profiting off of Retail mania hours post Cerebras IPO.From my own personal surveying over the years, I'm confident in saying that 99% of leveraged ETP buyers hold for days/weeks at a time.And not day trading those products, which is what they're designed for.Tbh, for Retail, I don't advocate for leverage full stop.
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