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ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Post by goldenriviton May 18, 2022 10:06am
101 Views
Post# 34692038

OUT OF CONTROL

OUT OF CONTROLGlobal inflasion/stagflasion is out of control and is going to take FED funds rate at least 10% to make any kind of dent in it.I think SBB has done what it can do with locking in contracts,but what they can not control is rising wages and fuel/energy. Diesel is well over $10 CDN per CDN gallon double the cost of last year.wage demands are rising the most in 40 yrs.That is likely the reason the SP has tanked.It took a decade of rising interest ratres to 20% to kill stagflasion in the 70s/80s.Let hope we are not in for that at production start up,but USD Fed chief said he will rase rates to any level to kill inflasion like Paul Volker had to do in the 80s.NOT GOOD FOR STOCKS.
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