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SPXT - Tightening Into A Slowdown
September, 23 2021 09:05 AM
ProShares S&P 500 Ex-Technology
The FOMC was "hawkish" relative to expectations. A 6-10 month tapering program is coming this year. The FOMC "DOTs" implied a stronger chance of rate hikes in 2022. The yield curve flattened in response to the relatively hawkish policy stance. Tightening into a slowdown brings elevated market risk. For further details see:
Tightening Into A Slowdown
Stock Information
Company Name:
ProShares S&P 500 Ex-Technology
Stock Symbol:
SPXT
Market:
NYSE
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