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SCC News and Press, ProShares UltraShort Consumer Services From 08/18/21

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Company Name: ProShares UltraShort Consumer Services
Stock Symbol: SCC
Market: NYSE

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SCC - Spacecom and Get SAT Demonstrated Superior Results for Micro Sling Blade Ka-Band ESA on AMOS-17 Advanced Satellite

Spacecom and Get SAT Demonstrated Superior Results for Micro Sling Blade Ka-Band ESA on AMOS-17 Advanced Satellite Extraordinary Downlink & Uplink Speeds Reached on Powerful AMOS-17 Digital Satellite by Get SAT's Fully Electronic, Super Low-Profile Ka-Band Satcom-On-The-Move...

SCC - Economic Growth Is Slowing And What This Means For Investors

My reading of the current environment is relatively clear; both the longer term and shorter-term leading growth indicators are pointing toward the heightened possibility of slowing cyclical growth. As a result, these downward trends suggest investors ought to be rotating out of the re...

SCC - Why Consumer Spending May Continue To Soften

Retail sales fell by 1.1% in July from June, as reported by the Census Bureau, with drops in sales reported across a wide variety of merchandise categories. While the contraction in retail sales was much larger than investors anticipated, we might have expected consumers to pull back ...

SCC - Total And Core Retail Sales Fell In July

Retail sales and food-services spending fell 1.1% in July, the second drop in the last three months. Core retail sales, which exclude motor vehicle dealers and gasoline retailers, posted a 0.7% decline for the month, leaving that measure with a -0.1% annualized growth rate but a 13.8%...

SCC - U.S. Consumer Spending Preview: Q2 2021

As U.S. retailers and restaurants report Q2 2021 earnings, the bulk of them will be facing the easiest comparisons from a year ago, when the government required brick and mortar stores to close. The Refinitiv U.S. Retail and Restaurant Q2 earnings index is expected to rise by 143.0%. ...

SCC - AIER Leading Indicators Index Suggests Continued Growth As Risks Grow

AIER’s Leading Indicators Index posted a fourth consecutive small decline in July, falling to 75 from 79 in June. Real gross domestic product increased at a 6.5 percent annualized rate in the second quarter, up from a 6.3 percent pace in the first quarter. Total housing sta...

SCC - New Virus Waves Dampen Global Economy, Hit Supply And Push Prices Higher

IHS Markit's PMI business surveys showed the global economic recovery continuing into July, but the rate of expansion lost momentum for a second month running. The global economy continued to expand at a solid rate in July, according to the JPMorgan Global PMI™ (compiled by IHS...

SCC - Global Economic Recovery Remains Driven By Consumer Services While Basic Materials Output Lags

The IHS Markit Global Sector PMI™ signalled sustained strong recovery for the global economy, led by the consumer services sector. Basic Materials sector output growth eased for a second straight month to land in the last position of the eight sector groups we track in the glob...

SCC - Weekly Market Pulse: As Clear As Mud

While the economic growth rate is slowing, that is not a contraction or a recession. If that was the case, you’d see junk bonds selling off too, and that just isn’t the case - at least not yet. Our investment process puts a lot of emphasis on rates of change, whether mac...

SCC - Retail Sales Outrun By Inflation

Retail sales in June rose to $621 billion (seasonally adjusted), but after the 1.7% drop in May, remain below March and April. New & used auto dealers and parts stores' sales fell 2.0% in June, to $132 billion, seasonally adjusted. Ecommerce and other non-store retailers' sale...

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