Steel, A Favored Trump Trade, Cools Off
March 28, 2017 at 10:39 AM EDT
Few exchange traded funds were as positively correlated to the idea of a Donald Trump presidency as was the VanEck Vectors Steel ETF (NYSEArca: SLX), which was one of 2016’s best-performing non-leveraged ETFs. Donald Trump in the White House is widely seen as a catalyst for the steel...
