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Shifting Economic Sands Paint An Intriguing Canvas For Direxion's Oil-Focused GUSH, DRIP ETFs
Benzinga· 2025-11-20 21:29
Based on the common principles of supply and demand, President Donald Trump's decision to end the federal electric vehicle tax credit on Sept. 30 should have represented a boon for the oil industry. After all, with fewer incentives available — combined with the many inconveniences of EV ownership, such as the hit-or-miss reliability of public charging stations — there's far less motivation right now to consider making the switch.Interestingly, though, Deepwater Asset Management‘s investor Gene Munster belie ...