HOKIENERD

On Market Hitting Bottom

I'd like to see you do the same analysis for the Nikkei starting in 1990. (Which could be the direction we're headed.) Of course, that's only been 19 years.

Ultra ETF Promises Fall Short

And if the index goes down 10% the first day, and up 11.1% the second (to get back to where it started) the short ETF will go up 10% then fall 11.1%, leaving it at 97.8% of its starting value!

Arggggghhhh! (But thanks for the insight.)

Ultra ETF Promises Fall Short

Like you said, I suspect I don't understand the results in the table. I get the problem with the ultras, but why would the 1x short underperform? Doesn't it just match (inversely) the index? (When assuming the expense ratio is 0%.)

Is Iceland the Canary in the U.S. Coal Mine?

It's hard to take you seriously when you say things like "The US continues to literally throw money at a problem that we are clueless about." Someone in the government is physically tossing currency?

In the same vein, if the true extent of the losses were made public, people in the UK would physically beat their money?