SDS News and Press, ProShares UltraShort S&P500 From 06/29/23

2023-06-29 23:40:00 ET Summary The world is not going through a replay of the 1970s, as there are some critical differences between the current situation and the situation back then. However, this decade’s macroeconomic path probably will have a lot more in common with the ...

2023-06-29 12:20:00 ET Summary Market performance has been driven by a handful of stocks, which signals that near-term improvement in economic growth is not expected. It’s hard to imagine that today’s elevated shelter prices are sustainable, so I’m not convinc...

2023-06-26 21:42:00 ET Summary The bedrock of the asset allocation process is to create strategic allocations that work over the longer term, while then modifying those positions in response to the market realities. Some of what we have seen during 2023 has been due to exuberance ...

2023-06-26 20:32:00 ET Summary One factor driving the recession talk is the Federal Reserve's higher interest rate push in an effort to lower the rate of inflation. With the stimulus dollars held in savings, consumers eventually began to get comfortable with spending and have been...

2023-06-26 13:22:00 ET Summary The S&P 500 (SPX) receded during the trading week ending 23 June 2023. The index closed the week at 4348.33, down almost 1.4% from the previous week’s closing value. The news of the week was relatively quiet outside of items involving...

2023-06-26 12:25:00 ET Summary The market took a well-deserved rest last week after hitting a 2023 high on June 15th. The S&P 500 finished Thursday, June 15 at its highest level in 14 months. The index is up 13.3% year to date and is 9.3% below its record-high close on January...

2023-06-26 08:00:00 ET Summary Inflation remains stubbornly high, rate hikes are not over and the long, 40-year downtrend in interest rates is over. The Fed’s rate hikes have impacted housing more than any other sector of the economy, in expected ways and in some unexpected...

2023-06-23 07:30:00 ET Summary The monetary liquidity in the economy still runs very high as a percentage of GDP. Given the massive increase in activity due to a shuttered economy and massive fiscal stimulus, the reversion may take longer than normal. While the economy has cor...

2023-06-22 12:58:00 ET Summary How a recession could impact different asset classes. Why a recovery may be more U shaped than V shaped. Equity markets may not be telling the whole investor sentiment story. The S&P 500 entered bull market territory recentl...

2023-06-22 03:11:00 ET Summary The new Powell arithmetic: The Fed and the rates market believe that policy is restrictive. But uncertainty remains as the Fed signaled additional hikes and bond markets have priced in a higher probability of additional “insurance” hikes be...