PST News and Press, ProShares UltraShort Lehman 7-10 Year Treasury From 12/13/23

2023-12-13 03:47:00 ET Summary Inflation in services accelerated in November for the second month in a row, to an annualized rate of 5.8%, driven by housing, healthcare, and insurance. The CPI for core services (without energy services) on a month-to-month basis rose 0.47% in Nove...

2023-12-13 01:40:00 ET Summary Headline CPI came in at 3.12% in November, that’s .11% lower than October. The headline number is being helped lower by energy prices, which are down 5.4%. From September to October, the headline dropped .46%. For the year, we’ve averag...

2023-12-12 23:20:00 ET Summary The November Consumer Price Index (CPI) showed that inflation progress stumbled slightly last month. Both headline and core monthly inflation quickened, while the Federal Reserve’s (Fed) favorite supercore inflation measure accelerated to one ...

2023-12-12 22:18:00 ET Summary US headline inflation edged marginally lower to 3.1% year-on-year while core inflation remained at 4% as residual pricing power in the services sector lingers. Nonetheless, we still expect inflation to break down into the 2-2.5% region through the fi...

2023-12-12 22:10:00 ET Summary Inflation rose slightly in November, according to the Bureau of Labor Statistics. The Consumer Price Index (CPI) grew 0.1 percent last month after remaining essentially unchanged in October. Year-over-year headline inflation was 3.1 percent; excludin...

2023-12-12 18:40:00 ET Summary This morning’s Consumer Price Index for November was mostly in line with expectations (although the headline reading was slightly higher than expected). The report also showed that the most rapid leg of disinflation is most likely behind us. ...

2023-12-12 11:20:00 ET Summary While inflation is slowly heading lower, wage growth is cooling and the economy is slowing, we are far from levels that would support easy monetary policy. In fact, based on the current inflation and employment data, monetary policy is right where it...

2023-12-12 11:20:00 ET Summary I believe there will be no more rate hikes from the Federal Reserve, European Central Bank, or Bank of England. The data has shown continued progress on disinflation with economic growth slowing but still resilient - particularly in the US. I als...

2023-12-12 06:45:00 ET Summary The reason is that when the Fed starts cutting rates, it is due to the onset of a recession, a bear market, or a financial event. Given that historical perspective, it certainly seems apparent that investors should not be anticipating a Fed rate cutt...

2023-12-11 13:20:00 ET Summary The new regime has led to greater dispersion of returns. We think this backdrop calls for managing macro risk, being selective and seeking out mispricings. U.S. stocks hit a new 2023 high and U.S. Treasury yields inched up on Friday after U.S. payrol...