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home / news releases / SPXE - Inflection Point: It's Make Or Break Time


SPXE - Inflection Point: It's Make Or Break Time

A lot of my work during late September and early October focused on the causes of the liquidity shortage and interest rate spike in the overnight interbank/repo lending market that occurred in mid-September, which I summarized in my article here on this platform, The Most Crowded Trade.

Most people haven't followed the interbank/repo liquidity issue and aren't familiar with it, nor should they be expected to be. However, I consider it to have been the biggest financial event of the year, even though it's not really on the front page of financial media. It

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Stock Information

Company Name: ProShares S&P 500 Ex-Energy
Stock Symbol: SPXE
Market: NYSE

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