UBT News and Press, ProShares Ultra 20+ Year Treasury From 02/14/24

2024-02-14 10:15:00 ET Summary The overall inflation numbers seem to be picking up a significant relative price effect, which is not macroeconomic but microeconomic. If we focus on more recent price trends, the inflation picture looks more favorable. Stubbornly keeping policy ...

2024-02-14 06:30:00 ET Summary Headline inflation came in at 3.1% while core CPI came in at 3.9%. Seasonality has caused large upside surprises in each of the last three years. The January reading was moderately worrisome, but very unlikely to persist. The January ...

2024-02-14 06:22:00 ET Summary “Core services” CPI jumped by 0.66% in January from December, or by 8.2% annualized. In this inflation cycle, only three months were worse (April, June, and September 2022). “Core CPI,” a measure of underlying inflation th...

2024-02-14 03:35:00 ET Summary As S&P 500 hits record territory, can the rally continue? What Wall Street's rally says about rate cut expectations. Are there risks to the current market rally? U.S. Markets are being tested after making record-breaking highs. Mich...

2024-02-13 19:35:00 ET Summary The January Consumer Price Index (CPI) showed that inflation was, once again, hotter than expected, frustrating both the market and the Federal Reserve (Fed). Both headline and core monthly inflation accelerated, while the Fed’s favored superc...

2024-02-13 18:25:00 ET Summary The consumer price index (CPI) for January showed that core inflation held steady at a rate of 3.9% last month, a small setback in a trend of moderating inflation in the U.S. Healing in global supply chains and a rebalancing of the U.S. labor market ...

2024-02-13 14:23:00 ET Summary The annual rate of headline inflation falls to 3.1% from 3.4% and the core remains at 3.9%. Shelter, airline fares, medical care, recreation, and education all saw price increases. Today's miss will embolden the Fed to signal it is in no hurry to...

2024-02-13 14:20:00 ET Summary Today's CPI was exactly what the market wasn't looking for. On all accounts, inflation came in higher than expected. Headline CPI came in at 3.1% year/year which is only just slightly above its post-COVID low of 3.0% from last June. Core CPI, mea...

2024-02-13 02:03:00 ET Summary There are some similarities between then and now, but not so much in the stock market. The short-term trend of the 10-year yield is now neutral, having broken the short-term downtrend. In the shorter term, sentiment is now too bullish and a corre...

2024-02-13 00:40:00 ET Summary Bull markets naturally climb a “wall of worry,” and the latest worries center around escalating wars, the presidential race, and delays in Fed rate cuts. Shipping disruptions in the Red Sea are not adversely impacting the U.S., but they...