PST News and Press, ProShares UltraShort Lehman 7-10 Year Treasury From 01/15/24

2024-01-15 05:25:00 ET Summary The first price index release of the year brings some less-than-welcome news: Inflation has ticked up once again. The Bureau of Labor Statistics announced the Consumer Price Index increased 0.3 percent in December. We need to compare the current ...

2024-01-15 02:14:00 ET Summary Options trading boomed while hedging in-the-money call options provided a key source of marketplace liquidity generation. Yields jumped, CDS prices rose, spreads widened, and risk premiums generally increased. With no end in sight for the Ukraine...

2024-01-14 04:26:00 ET Summary The SEC finally approved a Bitcoin ETF. The Winklevoss twins filed for the initial Bitcoin ETF in July of 2013 so it’s been 10 years coming. Thursday’s CPI came in a little hotter than expected. And this got the usual suspects talking a...

2024-01-14 00:20:00 ET Summary Looking back at last year, the best investment decision would have been to ignore diversification. Throughout history, we’ve seen numerous instances where capital heavily concentrates on a single company or a small cluster of stocks. We ar...

2024-01-13 02:50:00 ET Summary Permanent job losses have already accelerated in line with the onset of the past three recessions since 1995. Since 1969, the longest Fed pause time between the last rate hike and the first cut was 14 months (July 2006 to September 2007), and the ave...

2024-01-13 02:35:00 ET Summary The Federal Reserve has fueled market conviction that the good old days of extremely low interest rates and abundant liquidity are soon to return. This promises to be quite a challenging year for investors. I think macro uncertainty is especially hig...

2024-01-12 22:35:00 ET Summary Federal Reserve policy rates are set to fall in 2024. However, clear evidence that inflation has been tamed likely needs to emerge before cuts can commence, likely around mid-year. While a smooth landing is still far from certain, rate cuts accompani...

2024-01-12 04:15:00 ET Summary Core services account for over 61% of the Consumer Price Index, and that’s where inflation has gotten entrenched. Core CPI accelerated to 0.31% in December from October, the second month in a row of acceleration and fastest increase since Sept...

2024-01-12 01:30:00 ET Summary While recession continues to be a base case of 55%, the odds of a soft landing are getting better. As you near a cycle peak, the economy transitions quickly from strong job formation to outright losses. The Fed has the latitude to cut rates and, ...

2024-01-11 11:20:00 ET Summary In the wake of the Federal Reserve's dovish shift in December, financial markets had moved to price an interest rate cut as soon as March. However, the tight jobs market and today's firmer-than-expected inflation numbers suggest this is unlikely, bar...