As some of you may or may not have noticed, its been quite some time since we've heard from the trolls brilliant minds down at our Structured Products Desk. Truth be told, despite our mostly-fictional status as an actual Investment Advisor/Underwriter, there just hasn't been much demand for any innovative structured products over the course of the past few months.
Ladies and gentlemen, today, the 1-2 Knockout Structured Product Desk presents the next generation of financial innovation:
The "Short Human Investment Thesis" ("S.H.I.T.") series of Exchange-Traded Funds and Notes. (tadaaaa!)
What, you may ask, is Short Human ("S.H.I.T."), and why (or simply, wtf)?
The point is, investors are sore - like they just spent a few nights in PMITA Prison sore - and they need something to get excited about. As we, ourselves, have pointed out on multiple occasions though, there just isn't much out there to get investors salivating (and Wall Street profits flowing, more importantly).