Wednesday, October 21, 2026

Some rising market risks to watch out for in the second half

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The rapid growth of leveraged ETFs has introduced a relatively new source of market risk that can mechanically amplify both rallies and selloffs.

Some rising market risks to watch out for in the second half

On a recent walk along the waterfront near my home, I noticed a yacht in the marina with the name “Leverage,” a not-so-subtle reminder that many fortunes are built on borrowed money, labor and technology.

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