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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 Oct 06, 2022 12:44pm
225 Views
Post# 35009786

OPEC just killed the global economy

OPEC just killed the global economyCutting 2 million bpd in Nov will cause inflasion to soar and bring on 1970/80s  stagflasion.The last thing the global economy needed in an oil supply crisis was a cut.So the US will end the 1 million bpd SPR at the very time 2 million bpd is off the market adding to a 3 million bpd short fall.Then on Dec 5 the G7 is puiing on the price cap on Russia taking another 2 million bpd off the market as Russia says it will not sell price cap oil to anyone.There is a big risk that stagflaion makes SBBs FS not reliable is such rampid stagflaion and the IRR predicted in theFS is a fairy tale as inflasion is out of control on the cost side.That might be the reason such future miners such as SBB have hit 5yr lows last week.If SBB was smart they would right now invite a GBR style auction before the sh*t hits the fan.The risk now is very high in any asset class under current and future conditions.
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