QLD News and Press, ProShares Ultra QQQ From 10/08/21

Congestion is more a product of the imbalance between demand and supply rebound speed than anything like “red hot.”. One reason why so many empty containers are piled up and clogging up certain domestic port facilities is that US producers just haven’t been needed...

Initial claims for regular state unemployment insurance fell to 326,000 for the week ending October 2. The labor market remains tight with the number of open jobs hitting a new record high in July. Businesses and consumers are adapting to the new Covid world, but the waves of new ...

The year over year rate of growth in the value of goods China imports from the U.S. dropped into negative territory in August 2020. The Chinese government ordered five aluminum smelters to reduce production on 26 August 2021 in a move it claimed was "part of efforts to stamp out illeg...

The Institute for Supply Management’s composite services index rose to 61.9 percent in September, gaining 0.2 points from 61.7 percent in the prior month. Similar to the activity index, new orders have been above 50 percent for 16 months and above 60 for the past seven months &...

The overall trade deficit in goods and services hit a new all-time worst in August of $73 billion (seasonally adjusted), according to the Commerce Department today. The trade surplus in services (exports of services minus imports of services) in August fell to $16.1 billion, the lowes...

Consensus earnings estimates have now turned lower, and more worrying is that the number of companies now seeing downward earnings revisions is on the rise. There is now an increasing amount of uncertainty around earnings estimates looking forward. The PE Ratio (NTM) fell below 20...

Political Calculations' initial estimate of median household income in August 2021 is $70,305, an increase of $559 (or 0.8%) from the initial estimate of $69,746 for July 2021. August 2021 saw inflation rise more slowly than median household income, with the typical income-earning Ame...

New indices and model portfolios demonstrate that adding a layer of intelligent trend validation and selection to any investment strategy can generate alpha and help beat benchmarks. Profiting from the performance dispersion observable in any investment universe can be a gold mine for...

The gap between the market valuation of the net international investment position and the cumulative current account has waxed and waned over the years. Receipts trend upward as the dollar depreciates, fitting the exchange rate valuation story. Increase in receipts push up net inc...

It's hard to see the economy stumbling when liquidity is super-abundant and borrowing costs are incredibly low. Even if the Fed finishes its tapering and starts raising its target funds rate well before anyone currently expects them to, they will still have to counteract the super-abu...