The S&P 500, Dow Jones and Nasdaq 100 fell 0.90%, 0.5% and 1.5% respectively on Monday due to soaring inflation, the Fed's rate hikes and the gloomy economic outlook. However, the inverse ETF SQQQ bucked the market and rose 16.84% in the last 5 trading days, highlighting the benefits of inverse ETFs.
How to reduce risk in a volatile market? Making a well-diversified investment portfolio and layouting some inverse ETFs...