SPLX News and Press, ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN From 03/27/23

2023-03-27 05:37:21 ET Summary The Federal Reserve raised interest rates by a quarter point to manage inflation, but faces a conundrum. The Federal Reserve has opened a new short-term loan facility to address a liquidity crunch. The negative market action is being masked by th...

2023-03-27 05:05:25 ET Summary Investors were faced with more banking turmoil last week, as the cost to insure Deutsche Bank's debt soared. In addition, the Fed raised rates another 25 basis points, as the consensus calls for corporate defaults, recession, and new bear market lows...

2023-03-27 04:00:00 ET Summary The surging cost of raising new bank capital will leave a mark. The current bullish narrative sees China as the relative safe haven, as the U.S. and Europe struggle to contain banking crises. The Federal Reserve's focus on banking system liquidit...

2023-03-26 23:55:00 ET Summary The banking crisis and the consequential tightening of financial conditions is a new deflationary shock. It renders the next data highlight in the US, the February PCE deflator, less relevant. The impact on monetary policy expectations will last long...

2023-03-26 09:46:19 ET Summary The Fed hiked in the middle of a banking crisis and the S&P500 closed the week higher. What this could mean for the week ahead. Key technical levels and probable outcomes for the S&P500. The S&P 500 ( SPY ) reversed lowe...

2023-03-26 07:17:00 ET Summary There was nothing dovish about the Federal Reserve’s rate increase this week. The signs of Fed overreach might be why the market outlook for short-term rates is different than what is implied by the Fed’s dot plots. Things are break...

2023-03-26 06:15:00 ET Summary Financial conditions are beginning to tighten again. Tighter financial conditions are due to widening credit spreads. Widening credit spreads will increase implied volatility, and be a headwind for stocks. In 2022, the equity market exp...

2023-03-26 04:23:00 ET Summary Unprecedented growth in reserve levels can provide an additional fiscal tool for state governments. Even with a global pandemic and significant economic uncertainty, state rainy day funds have continued their positive growth trend in recent years and...

2023-03-26 04:20:00 ET Summary The FOMC raised its federal funds target rate for the ninth time, to 4.75–5.0%, continuing its pattern of tightening policy rates in 25-basis-point increments. The year-end fed funds rate remained at 5.1% by the end of 2023, suggesting one mor...

2023-03-26 01:15:54 ET Summary Pandora’s box was opened by the Fed. "Shoot first ask questions later" policy: The good news and the bad news. USD, Emerging Markets, and more. Original The bad news is , we have a Federal Reserve with no feel...