UBT News and Press, ProShares Ultra 20+ Year Treasury From 12/12/23

2023-12-12 22:10:00 ET Summary Inflation rose slightly in November, according to the Bureau of Labor Statistics. The Consumer Price Index (CPI) grew 0.1 percent last month after remaining essentially unchanged in October. Year-over-year headline inflation was 3.1 percent; excludin...

2023-12-12 18:40:00 ET Summary This morning’s Consumer Price Index for November was mostly in line with expectations (although the headline reading was slightly higher than expected). The report also showed that the most rapid leg of disinflation is most likely behind us. ...

2023-12-12 11:20:00 ET Summary While inflation is slowly heading lower, wage growth is cooling and the economy is slowing, we are far from levels that would support easy monetary policy. In fact, based on the current inflation and employment data, monetary policy is right where it...

2023-12-12 11:20:00 ET Summary I believe there will be no more rate hikes from the Federal Reserve, European Central Bank, or Bank of England. The data has shown continued progress on disinflation with economic growth slowing but still resilient - particularly in the US. I als...

2023-12-12 06:45:00 ET Summary The reason is that when the Fed starts cutting rates, it is due to the onset of a recession, a bear market, or a financial event. Given that historical perspective, it certainly seems apparent that investors should not be anticipating a Fed rate cutt...

2023-12-11 13:20:00 ET Summary The new regime has led to greater dispersion of returns. We think this backdrop calls for managing macro risk, being selective and seeking out mispricings. U.S. stocks hit a new 2023 high and U.S. Treasury yields inched up on Friday after U.S. payrol...

2023-12-11 10:20:00 ET Summary Bonds have rallied in the past month - temporarily pegged back by a semi-hot NFP report on Friday - and equities are in a good mood too. Inflation in the developed world is now falling rapidly, and what was a significant inflation shock in core price...

2023-12-11 02:13:00 ET Summary Markets were volatile in August, with a meaningful tightening of financial conditions. Traditional sources of finance have tightened, with a notable pullback in bank lending, along with diminished corporate and household debt growth. The marketpl...

2023-12-09 09:15:00 ET Summary The Bureau of Labor Statistics reports 199,000 new payroll gains and a drop in the unemployment rate from 3.9% to 3.7%. The upcoming Consumer Price Index report and Federal Open Market Committee decision on interest rates will be closely watched. ...

2023-12-09 01:28:00 ET Summary The Fed last raised rates in July and we think that marked the peak. There is growing evidence that tight monetary policy and restrictive credit conditions are having the desired effect on depressing inflation. However, the Fed will not want to endor...