ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[mannken]

Taper, U decide

Today
Investors await taper clues as Fed moves Jackson Hole online due to delta

NON VOTING MEMBER
Aug. 19
Fed’s Bullard tells MarketWatch that the coronavirus delta variant won’t derail the U.S. economy
The St. Louis Fed president, who will be a voting member of the Fed’s policy committee in 2022, said he wants the tapering to finish by the end of March. That would give the Fed the option to begin to raise interest rates if inflation were to remain relatively high

VOTING MEMBER
Aug 20
Dallas Fed President Kaplan says he may adjust his call for taper to start soon if delta variant slows down demand


If they moved J-Hole to virtual zoom, I re-imagine, the are re-imagining now is not the time to taper, no enough data that econ can function on its own with Delta