$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Ongoing conflicts could lead to shortages of helium and sulfur, chemicals that are essential for semiconductor manufacturing. At the same time, we might see demand destruction as rising oil prices could lead to more layoffs.
This isn't just about white-collar jobs; blue-collar sectors could also be affected as people tighten their belts. When income and revenue are uncertain, spending on things like home renovations or business upgrades tends to dry up.
I'm looking at SOXS.
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