Bloomberg features James St. Aubin on leveraged ETFs and the risks of Wall Street’s speculation machine
“These products bring a casino element into the market,” said James St. Aubin, Chief Investment Officer at Ocean Park Asset Management. “I would like to assume that these funds only appeal to a niche audience, but based on the flows it would appear that niche is growing rapidly. Anyone using leverage should understand they are playing with fire.”
Read the full piece on Bloomberg:
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