Negative Oil Prices - What is happening with the USO ETF? | How do ETF's work?
Buy The Book Here: https://amzn.to/2J2kF3A
Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: / patrickeboyle
Patreon Page: / patrickboyleonfinance
The Untied States Oil Fund (USO) dropped 25% on Tuesday as managers made multiple changes to the fund’s structure in an effort to stave off additional losses.
The fund, which trades under the ticker USO is popular with retail investors, seeks to track the price of the front month WTI oil futures price.
The fund will now invest in multiple futures contract expirations, rather than focusing on the contract for the nearest month.
In todays video I answer a lot of questions from yesterdays video explaining what it meant that the oil price was negative. You can watch that video here. • Crude oil prices are negative. What ...
I explain what an ETF is, how they work, and what might happen if the ETF becomes disconnected from its NAV.
Смотрите видео Negative Oil Prices - What is happening with the USO ETF? | How do ETF's work? онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь Patrick Boyle 21 Апрель 2020, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 13,146 раз и оно понравилось 533 людям.