UBT News and Press, ProShares Ultra 20+ Year Treasury From 10/26/23

2023-10-26 07:30:00 ET Summary Gold got a new lease on life in October, up over 12% month-to-date on interest rate-driven recession fears and the recent armed action between Israel and Hamas. Bitcoin has soared since September, up 28%, in part on flight-to-safety buying and in par...

2023-10-25 22:31:00 ET Summary Future optimism improved, in part due to hopes of interest rates having peaked, something which looks increasingly likely given a further cooling of inflationary pressures signaled in October. The sustained growth recorded by the US PMI, albeit only ...

2023-10-25 21:10:00 ET Summary With this post I provide continued coverage of the all-important M2 money variable that almost no one, including the Fed, has bothered to pay attention to for the past several years. I'm happy to report that M2 continues to decline, thus ensuring con...

2023-10-25 02:55:00 ET Summary In January 2023 the clues appeared to be aligning in favor of an end to the Federal Reserve’s rate hikes. Fast forward to today, and once again the numbers leave room for speculating that rate hikes have peaked. Rate cuts are a separate is...

2023-10-24 14:48:00 ET Summary What growth surprises mean for interest rates. Why consumer spending trends are making the Fed's job harder. Divergence trends emerging in the bond market. U.S. Treasury yields have reached highs not seen since 2007. Alexandra Gorewicz,...

2023-10-24 12:45:00 ET Summary The release of the September "dot plot" started the recent rally in the 10-year US Treasury yield. There's also an imbalance in supply and demand for Treasury bonds. Most US mortgages are long-term fixed-rate mortgages at relatively low rates, so I d...

2023-10-24 08:41:00 ET Related stories The Budget Deficit: Increasing At A Challenging Pace, And The Impact On TLT Fed Focus, Loving + Hating Earnings Season, Bonds Competing With Stocks U.S. Treasury returns set for worst month this year; Ackman short bet pays off ...

2023-10-24 04:54:00 ET Summary In the U.S., core inflation has fallen from 6.6% YoY to just 4.1%, and most of the remaining increase has come from owners’ equivalent rent. As technology continues to advance rapidly, generative AI could pose a threat to many middle-class ser...

2023-10-24 03:21:00 ET Summary While some argue that inflation remains a concern in 2023, it certainly is trending in the right direction. The consensus is that 2023 will witness a small decline in corporate earnings but then improve again as we move into Q4 and 2024. Credit s...

2023-10-23 12:05:00 ET Summary U.S. corporate earnings have stagnated with the economy. We stay selective in stocks and harness mega forces like artificial intelligence as key profit centers. The 10-year U.S. Treasury yield hit 16-year highs near 5.0% last week, while U.S. stocks ...