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RINF - RINF: A Good Option For The Reflation Trade
May, 24 2021 11:42 AM
ProShares Inflation Expectations
Federal reserve minutes and recent comments suggest inflation could rise to 3%. Apart from consumer-led inflation, there is further room for producer prices and commodity prices rise. Inflation expectations are still underpriced, and the US Treasury/TIPS spread implies future inflation at a mere 2.3%. The dip from its mid-May high presents a buying opportunity, supported by an upward-sloping trend channel. For further details see:
RINF: A Good Option For The Reflation Trade
Stock Information
Company Name:
ProShares Inflation Expectations
Stock Symbol:
RINF
Market:
NYSE
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