Archives by Month:
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
No “Trump Bump” For The Economy
POITOU, FRANCE – “Nothing really changes.” Sitting next to us at breakfast, a companion was reading an article written by the No. 2 man in France, Édouard Philippe, in Le Monde. The headline promised to tell us how the country was going to “deblock” itself.But upon inspection, the proposals were the same old claptrap about favoring […]
Stocks Watch-List: TWTR, FCX, UAA
Today’s stock picks Long Twitter (TWTR) Long Freeport McMoran (FCX) Short Under Armour (UAA)
GBP/USD Hits Low Support On Broadbent’s Bearishness
The deputy governor of the Bank of England, Ben Broadbent, said that he is not ready to raise rates quite yet. To balance things out, he did say “there is a reason to see the MPC moving towards higher rates, but there are lots of imponderables”. He also said the mood of business is key […]
The VIX Is At A Seasonal Turning Point
The topic of seasonality is a controversial one among investors. Some swear by it, referring to studies that present evidence for a reliable seasonal pattern across the year, verified across global equity markets. Others dismiss it as noise; nothing but a random assembly of outliers – or ignore it due to a lack of reliability. But whatever your […]
Derivatives Trading Legend: “As Little As A 4% Decline In One Day Could Start A Critical Crash”
After building out Merrill’s mortgage trading floor basically from scratch, then moving to the buyside at Pimco, several weeks ago Harley Bassman, more familiar to many traders as the “Convexity Maven” – a legend in the realm of derivatives (he helped design the MOVE Index, better known as the VIX for government bonds) – decided to […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, July 12
WTI Crude Oil The WTI Crude Oil market initially fell during the day on Tuesday but turned around to form a very bullish sign. The market broke above the $45 level, and it looks likely that we will continue to reach a little bit higher, but quite frankly with the Crude Oil Inventories announcement coming […]
Indian Indices Trade On A Flat Note; Energy Stocks Witness Buying
Share markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the energy sector and telecom sector witnessing maximum buying interest. IT stocks are trading in the red. The BSE Sensex is trading up 31 points (up 0.1%) and the NSE Nifty is trading up by 16 points (up 0.2%). The BSE Mid Cap index is trading up by […]
Arm’s-Length International Trade
“Global value chains often involve numerous cross-border operations, conducted either `intra-firm,’ that is, between firms related through ownership or control, or between unaffiliated firms at `arm’s-length.'” The World Bank explains this difference in “Arm’s-Length Trade: A Source of Post-Crisis Trade Weakness,” which appears as a “Special Focus” chapter in Global Economic Prospects: A Fragile Recovery (June 2017). […]
U.S. Oil Exports Reduce Trade Deficit With China
There’s a really exciting story developing in the international trade between the United States and China, two of the world’s largest trading partners. Here, the legalization of oil exports in 2016 from the United States has subsequently led to a rather dramatic surge in exports of petroleum products from the U.S. to China in 2017. China imported nearly 100,000 barrels […]
‘Questioning Your Religion’: Crude Surges On API Data, Underscoring Manic Market
Somebody asked me earlier if this, out earlier today from Goldman, was a contrarian indicator: Given the recent rebound in net speculative length from its 18-month lows, we believe, however, that a failure for these shifts to materialize soon could push prices below $40/bbl as the market tests OPEC’s and shale’s reaction functions. The answer, at least for […]
