ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[tw0122]

Volatility to 15 and UVXY headed to Zero and a reverse split. We need not worry about the economy as the Fed will buy the whole stock market whatever it takes to keep it a permanent rising green machine. No surprise here that they floated Fed speaker Barkin ...woof woof.. so he could bark and tell us all is ok in the market.
Of course we know the housing market is crashing but no worries here as the Fed will save us everywhere.


Fed’s Barkin Sees Strong Economy, Not Near Tapering Assets
Steve Matthews and Ramsey Al-Rikabi
Mon, March 22, 2021, 11:40 AM·

Fed’s Barkin Sees Strong Economy, Not Near Tapering Assets
(Bloomberg) -- The U.S. economy is set for a strong 2021 as the pandemic recedes that will push up prices, but there’s no sign yet that this will deliver unwanted inflation or a need to adjust monetary policy, said Federal Reserve Bank of Richmond President Thomas Barkin.


Home construction down a sharp 10.3% in February while applications for new construction fell by 10.8%.

The decline pushed home and apartment construction down to a seasonally adjusted annual rate of 1,42 million units last month, compared to a rate of 1.58 million units in January when housing starts had fallen 5.1 percent, the Commerce Department reported Wednesday..