downtrend

Investors may be wondering whether the downtrend for DraftKings and FanDuel will continue, and some short sellers believe the answer is yes.

Deutsche Bank AG this week warned of a structural downtrend for the dollar in the coming years, which could knock the U.S. currency to its weakest level in more than a decade against the euro.

Should that downtrend hold through the rest of the year, he added, it will amount to the "largest decline in violence that America has seen since we started tracking it."

Because violent crime appears to be on a downtrend toward pre-pandemic levels, which saw a 2018 and 2019 murder rate of 5.2 per 100,000 people, according to the FBI Uniform Crime Reporting Program's 2022 estimations, Piquero argued local, state and federal efforts to prevent and reduce crime are more important now than before.

"This builds on news that we have about crime in 2023. If you look back further, you can see that this is a continuation of a downtrend that began a couple of years ago," said Ames Grawert, senior counsel for the Justice program at NYU Law's Brennan Center for Justice.