PST News and Press, ProShares UltraShort Lehman 7-10 Year Treasury From 11/14/23

2023-11-14 12:30:00 ET Summary In my opinion, last week’s comments from the Federal Reserve Chair were performative and don’t change anything in terms of my outlook. Central banks are focused on ensuring that longer-term inflation expectations - not shorter-term ones...

2023-11-14 06:51:00 ET Summary In the context of fighting inflation, the “final mile” represents the successful and sustainable achievement of a central bank’s inflation target. Perhaps the biggest surprise in macroeconomics this year has been the resilience o...

2023-11-14 06:10:00 ET Summary We see artificial intelligence (AI) as a mega force shaping the new regime. We are overweight the AI theme in developed market stocks. U.S. stocks and 10-year Treasury yields both rose last week. We see investors demanding more compensation for the r...

2023-11-14 01:11:00 ET Summary I think the trimming or revising of lower forward growth estimates is a reflection of the FOMC policy. Crude oil and gasoline have fallen sharply in the last 6 weeks. High-yield credit spreads actually tightened a little this week, as did high-gr...

2023-11-13 19:15:00 ET Summary Bond prices fluctuated in a pretty wide range last week of about 18 basis points but the MOVE index has been rising since bond yields started rising in August 2021. There is, of course, considerable worry presently about the debt of the US government...

2023-11-13 15:08:00 ET Summary Over the past four months, yields have risen dramatically in response to better-than-expected economic numbers but have cooled in the last week or so. Although the Fed is going to be higher for longer, they want to see what all of their hiking has do...

2023-11-13 04:30:00 ET Summary What was the market expecting Powell to say? Is "Mission Accomplished" the right message at this time? Is 2% the right target? " Powell says Fed is 'not confident' it has done enough to bring inflation down " (Source: CNBC) ...

2023-11-13 04:13:00 ET Summary Even though the U.S. equity bear market is roughly half over timewise, and is probably entering its most dangerous downside phases, most investors are blissfully complacent. U.S. equity overvaluations are far more pronounced and out of line with corp...

2023-11-10 05:58:04 ET Ransomware attacks are on the rise, posing new challenges to companies, businesses and entities in an age when nearly everything is done online. New technologies, open banking and the expansion of remote transactions have all made the task of cybersecurity even more c...

2023-11-10 00:18:00 ET Summary The Fed last hiked rates in July and since then financial and credit conditions have tightened. While concerns about the outlook for demand are a key factor limiting the desire for companies to raise prices further, a more benign cost backdrop has al...