UBT News and Press, ProShares Ultra 20+ Year Treasury From 09/15/23

2023-09-15 23:20:00 ET Summary Economists prefer to look at the rate of change of inflation knowing that inflation almost always goes up in the long-run. Economists sometimes extract certain items like oil and food because they are “noisy”. Extracting shelter is ...

2023-09-15 22:55:00 ET Summary Back in July I ran a post titled "No boom, no bust." Things haven't changed much since then: inflation has come back down to earth, and the economy continues to grow, albeit slowly. Stocks are up a bit, the Fed tightened once, credit spreads have tig...

2023-09-15 08:15:00 ET Summary The US economy is showing progress in addressing inflation, but the Federal Reserve is likely to maintain a "higher for longer" policy. Weakness in the labor market and signs of a rebalancing may give the Fed comfort in cooling the economy and return...

2023-09-14 12:04:00 ET Summary The Consumer Price Index grew 0.6 percent in August, significantly higher than the previous six monthly increases. The inflation uptick for August was disproportionately driven by energy prices. Those rose 5.6 percent in August alone. We could gi...

2023-09-14 10:45:00 ET Summary US consumer inflation rises, but markets still expect the Federal Reserve to keep interest rates unchanged. The Treasury market predicts no change in policy at the upcoming FOMC meeting. Traders reflect near-certainty of no change in policy based...

2023-09-14 07:00:00 ET Summary The jobs market remains relatively robust and is neither too hot nor too cold. Unemployment is near cyclical lows and wage growth is cooling but remains relatively high. This will continue to pressure policy makers to remain hawkish and likely lead t...

2023-09-14 05:20:00 ET Summary A hike from the ECB today may have limited impact, as a total of 25bp of tightening is already fully priced before year-end. Raising rates today would probably be largely interpreted as pulling forward that final hike, but the appetite to price in mo...

2023-09-14 04:45:00 ET Summary The Consumer Price Index (CPI) increased by 0.63% in August, the largest month-to-month increase since June 2022. Despite ongoing adjustments to health insurance CPI, core CPI and core services CPI accelerated. Fuel prices, particularly gasoline,...

2023-09-14 03:00:00 ET Summary While the majority of the “easy” move lower has been made in inflation, there is still a significant tailwind that will keep inflation from spiking significantly higher. The combination of shelter disinflation with a commodity boom will...

2023-09-13 21:22:00 ET Summary In August 2023, the AIER Everyday Price Index rose 0.87 percent, lifting the index from 285.2 to 287.7. The month-to-month headline CPI number rose 0.6 percent versus 0.2 percent seen the previous month. With the release of the data, market-impli...