UPV News and Press, ProShares Ultra FTSE Europe From 08/03/21

The growth of eurozone manufacturing cooled slightly in July after a record-breaking expansion during the second quarter. Many firms clearly want to produce more goods but are simply unable to due to constraints. Mounting concerns about how the Delta variant poses a further threat...

As mentioned in previous TSI commentaries, the monetary backdrop will stop being supportive for the US stock market after the annual TMS growth rate drops below 6%. All else remaining the same, the relatively small amount of monetary inflation in China over the past 16 months would pa...

We see China’s regulatory crackdown that recently rattled markets likely to moderate, alongside a dovish shift in macro policy, for the near term. The Federal Reserve noted further progress in the economy as expected; we see a tapering of asset purchases unlikely to start befor...

Stocks are expensive, and people aren’t buying because they want to but rather because they feel like they have to. When people say they are panicking into “the market”, what they really mean is they are panicking out of bank deposits or other safe assets. This pa...

Germany’s flash July 2021 inflation estimate came in hot yesterday, boosted mostly by comparisons to July 2020’s VAT-free situation. Despite Deutschland’s oversized contribution and influence, Eurostat reports today how for Europe as a whole there was a whole lot ...

We think inflation is likely to fall back, but we are more sensitive to upside risk than at the start of the year. Evidence of longer-term investment in more and more sectors continues to build. Flexibility and a tactical approach across the full range of credit markets has been a...

This summer has seen a drop in a popular economic indicator: the slope of the yield curve. We look at the potential reasons for that and reckon that concerns, though legitimate, may be overstated. Wait until September to get a clearer read on the curve. For further details s...

As the world starts to recover from the pandemic, a range of factors are converging to create a new inflationary era. Crucially, the policy regime is changing, driven by the need to respond to emerging social and environmental challenges and help manage record peacetime debt levels. T...

Our newly released findings from the second quarter of 2021 indicate that the volatility surrounding the recent reversal in market sentiment is creating additional opportunities for skilled managers. We expect this to remain the case in the months ahead as concerns over inflation and ...

Australia’s better-than-expected economic performance since the pandemic began has been grist to the mill for those who think tighter policy could be on the cards. Higher year-on-year inflation readings had been expected in 2021 because of the base effects created during 2020 w...