The major indexes took a deep dive on Wednesday as the Dow Jones Industrial Average fell by as much as 800 points as investors fretted from an inverted yield curve in the 2- and 10-year Treasury note. U.S. President Donald Trump was quick to slam the Federal Reserve and call the notion of an inverted yield curve “crazy.”

An inverted yield curve is typically a sign that a forthcoming recession is looming, but President Trump was quick to put down that notion. Nonetheless, it’s certainly paving the way for more volatility than investors bargained for.

Just recently, it looked like the markets got a reprieve from sell-offs following news that the U.S.-China trade war could be simmering. On Tuesday, the Trump administration delayed new tariffs on certain Chinese goods that were set to take effect on Sept. 1 until Dec. 15.

In front of a gaggle of reporters, Trump said the move to delay the tariffs was “for the Christmas season, just in case some of the tariffs would have an impact on U.S. consumers.”

While the capital markets are fixated on the U.S. and China, there are relative value opportunities to be had in emerging and developed markets in general.

For investors looking for the continued upside in emerging market assets, whether driven by a weakening USD or continued developments around trade, the Direxion MSCI Emerging Over Developed Markets ETF (NYSEArca: RWED) offers them the ability to benefit not only from emerging markets potentially performing well, but from emerging markets outperforming developed markets.

RWED seeks investment results that track the MSCI Emerging Markets IMI – EAFE IMI 150/50 Return Spread Index. The Index measures the performance of a portfolio that has 150 percent long exposure to the MSCI Emerging Markets IMI Index and 50 percent short exposure to the MSCI EAFE IMI Index.

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