Gary Gensler: ” investing in a levered single-stock ETF may create exposures for investors that in many ways resemble buying shares on margin. Further, investing in an inverse single-stock ETF is meant to be similar to shorting a stock.” “they are not necessarily right for every investor.”

by Dismal-Jellyfish Source: https://www.sec.gov/news/speech/gensler-prepared-remarks-iac-06222023 Highlights: The use of predictive data analytics, however, also can lead to potential conflicts. Conflicts may arise to the extent that advisers or brokers are optimizing for their own interests as well as others. I have …

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Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar’s share of global reserves, but greenback remains dominant (“Gradual decline” is a whopper right up there with “inflation is transitory”)

via businessinsider: The US should expect the dollar’s share of global reserves to slowly decline, but no alternatives exist that could completely displace the greenback, Treasury Secretary Janet Yellen said on Tuesday. Her comments came during a Housing Financial Services …

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$qqq to $iwm ratio never higher… ‘Bye bye liquidity… right when everyone is max bullish and on vacation’…. ‘Getting out, there will be no one on the other side of the trade.’

Bye bye liquidity… right when everyone is max bullish and on vacation.pic.twitter.com/8Y0a7zk1WV https://t.co/FQUZXdc38m — Financelot (@FinanceLancelot) June 2, 2023 The chart of the week: S&P Tech with the ISEE call/put index:https://t.co/zlMsxl36fz Getting out, there will be no one on the …

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