PST News and Press, ProShares UltraShort Lehman 7-10 Year Treasury From 03/27/24

2024-03-27 01:05:00 ET Summary The BOJ’s decision to end negative interest rates is turning out to be a “best possible scenario,” in my view, representing a vote of confidence in the Japanese economy but with extremely gentle normalization in the offing. SNB b...

2024-03-26 20:00:00 ET Summary Today, the Fed released the February money supply data, and there were no unwelcome surprises. M2 continues to shrink relative to the economy, and that's the reason inflation is likely to continue to fall. Currency in circulation, which represent...

2024-03-26 14:15:00 ET Summary We think it's more likely than not that the U.S. avoids a recession in 2024, but economic uncertainty remains high with the economy running at full capacity, household savings diminishing, the labor market slowing down, and the U.S. Treasury yield curve ...

2024-03-26 07:05:00 ET Summary We consider gold bullion and the S&P500 Index to be effectively at opposite ends of an investment seesaw. In the middle of last year, we thought that the low-$3000s for the US$ gold price was a plausible target for the first half of this year. ...

2024-03-26 00:45:00 ET Summary We see falling inflation, nearing interest rate cuts and solid corporate earnings supporting cheery risk sentiment. We tweak our tactical views and stay pro-risk. U.S. stocks hit record highs last week and 10-year yields fell as the Fed stuck with pl...

2024-03-25 11:20:00 ET Summary As the calendar turned to January, however, market participants appeared to start taking their cues not so much from changing inflation and central bank policy expectations, but from updated and improving data on economic growth. Equities rallied eve...

2024-03-25 08:20:00 ET Summary The dollar was up a little more than 1% last week and the short-term trend is on the cusp of changing. Stocks, large and small, had a good week as bonds rallied in the wake of the FOMC meeting. The rally last week was broad based with 10 of 11 ec...

2024-03-23 03:45:00 ET Summary The implications for bonds as the Fed pledges to stay the course on rate cuts. The balancing act between anticipated rate cuts and economic strength. The Fed's steady as she goes approach to rates and inflation. ... Read the f...

2024-03-23 03:35:00 ET Summary It’s typical for risk assets to rally when central banks pause rate hiking efforts and finally start easing policy. Eventually, the reason they start easing come to dominate headlines and thwart soft landing hopes. Higher interest rates and yi...

2024-03-23 02:55:00 ET Summary With a resilient economy and sticky inflation, expect policymakers to choose caution over speed. Despite recent inflation data surprising to the upside and breaking from the end-of-year trend, we have long held that the path to target inflation would...