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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

Comment by tanninon May 22, 2022 7:19pm
63 Views
Post# 34701504

RE:Federal Reserve is a privately owned Bank

RE:Federal Reserve is a privately owned BankBank of Canada, 100% Cdn govt owned. Bank of England, 100 % U.K. govt owned. Sveriges Riksbank, 100% owned by Swedish Govt. Schweizerische ( Swiss ) National Bank, 59 % owned by Cantons ( states ), 18% by Cantonal owned banks, 22% by private shareholders (of which 2.96% is foreign owned).
And your main concern Warthog, the Fed, the U.S Central Bank, while officially 'privately' owned, that is misleading, only true in that it is not directly owned by the U.S. or state govts....it is not beneficially owned, or controlled, by private interests. Suggest you read:

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjbttm9j_T3AhWRP80KHYAcDc0QFnoECAIQAQ&url=https%3A%2F%2Fwww.adl.org%2Fnode%2F11748%2Fresource-pdf&usg=AOvVaw3MgGPhNoshsMhL4wJ0J4Zp

Be interested in your response.
As to the banks you mentioned as ' top 8 shareholders of fed ', 3 of them haven't existed for years, three would not be eligible, and Chase Manhatten and GS, while large, are still far smaller than Bank of America, Wells Fargo and Citigroup.


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