🟢 TZA is trading 2.18% up today as investors seek bearish small-cap exposure

TZA is trading 2.18% up now at $45.24 as investors seek bearish small-cap exposure while U.S. equities trade lower.

• The Federal Reserve’s 25-basis-point rate hike to 3.75%-4.00%, firm Treasury yields, and fading rate-cut hopes are weighing on risk-sensitive assets.
• Stronger retail sales are also weighing on risk-sensitive assets.
• TZA’s inverse small-cap positioning benefits from weakness in the Russell 2000 and broader risk-off sentiment.