Rusty Shackleford

Credit Card Spending Surges, While Retailers Slump

Ms. Cheng,

Have you researched where these borrowers are spending this additional money? So far we know it's not Sears and KMart; so, where is it? Thanks.

Rusty

Preparing to Hedge with UltraShort ETFs

Doesn't ProShares achieve it's inverse performance targets on it's ultrashort funds by leveraging futures? If so, isn't the counterparty failure risk the same if you're directly trading futures? If you're worried about a risk that ProFunds might experience a company-specific problem or failure, aren't there other inverse plays out there like iShares, ProFunds, Rydex, etc. that one could use to diversify against that risk?