ProShares Short QQQ (PSQ) offers inverse exposure to the NASDAQ-100 index, an index of 100 tech-heavy companies listed on NASDAQ that excludes financials. This exposure is achieved by the fund using a combination of NASDAQ-100 futures, the NASDAQ-100 ETF (QQQ), and swaps on the index itself. After the August inflation report came in hotter than […]
Consumer sentiment hit record lows, with rising concerns regarding persistently high inflation. With inflation hitting a new 40-year high at 8.6% in May, an aggressive rate hike of up to 75 bps is very likely in the near term, and the Fed’s 2% inflation target seems to be a distant dream now. Such grim anticipation and lingering […]