Category Archive: Finance, No picture
Imagine If We Could Annualize This Quarter…
Image Source: Unsplash Many years ago, a very intelligent and experienced colleague made a classic mistake about annualization. We made a tweak to our trading model in the hope that this minor change would yield marginally better daily trading results. And on the first day, it worked even better than we’d hoped. I don’t remember the […]
Fed To Offer Every Household $1 Million From Its New Discount Window
Image Source: Pexels The Federal Reserve announced a new program today that offers every American household a $1 million loan from its new Household Discount Window at 2% interest. Before you start planning how to spend the $1 million, there’s one catch: the $1 million can only be used to buy US Treasury bonds, notes and bills. […]
Understanding Commodities In Today’s Economy Economic Significance of Commodities Commodities and Inflation: A Historical Perspective Spot vs. Futures Price: The Essence of Spot and Futures Prices The Role of Speculators and Hedgers Exchange-Traded Commodities (ETCs) Market Dynamics Accessing Markets through ETFs ETF Structures Navigating Contango and Backwardation in Commodity Markets
Image Source: Unsplash Commodities, the backbone of the global economy, have long been overshadowed by the dazzling performance of equities and fixed-income markets. The 2010s, in particular, saw commodities facing significant challenges, largely due to various macroeconomic headwinds. However, the landscape has shifted dramatically in recent years. With equities and bonds reaching new highs amidst stretched […]
The Return Of U.S. Manufacturing Growth Lifts Optimism
The ISM manufacturing index surprised everyone by moving into growth territory for the first time since late 2022 with production jumping, new orders rising and inflation pressures increasing. Markets interpreted that as reducing the chances of meaningful Fed rate cuts, but construction was much weaker and there are a lot of jobs numbers still to […]
3M Healthcare Spinoff Solventum Slides On NYSE Debut
Image Source: Unsplash Solventum Corp (NYSE: SOLV) lost about 3.0% as it debuted on the New York Stock Exchange on Monday. The healthcare name was separated from 3M & Co (NYSE: MMM) in March. How much of Solventum is under 3M ownership? The manufacturing giant based out of Saint Paul, Minnesota still has a near 20% stake in […]
Softs Report – Monday, April 1
COTTON General Comments: Cotton was a little lower last week and trends started to turn down on concerns about the planting intentions report released Friday morning and despite improving ideas of demand potential from China. USDA said that 10.7 million acres might get planted this year, from 10.2 million last year. It is too early […]
Dogecoin Defies Odds: $9.2B Volume In 48 Hours
In recent weeks, the cryptocurrency market has been a rollercoaster of volatility, with most digital assets experiencing sharp fluctuations in value. Amidst this tumultuous landscape, Dogecoin [DOGE], the meme-inspired cryptocurrency, has emerged as an outlier, witnessing an impressive uptick in its price. This surge is particularly noteworthy, considering the overall market conditions, and merits a […]
AT&T Dips In Premarket After Data Breach Affecting 73 Million Customers
Telecommunications giant AT&T Inc. (T) is grappling with the fallout from a massive data breach that exposed the personal information of 73 million current and former customers. The company’s stock dipped 2.44% in premarket trading on Tuesday following the confirmation of the leak, which included sensitive details such as social security numbers and dates of birth. Despite the breach, […]
Baltimore Bridge Collapse Has East Coast Ports On Alert For Cargo Diversions
US Transportation Secretary Pete Buttigieg told CBS’s Face the Nation on Sunday that there is no timeline on when salvage crews in Baltimore, Maryland, will clear the critical shipping channel blocked by the wreckage of the collapsed Francis Scott Key Bridge. He said it’s important “to our national supply chains to get that port back up and […]
Assessing The Fallout Of The Baltimore Bridge Collapse On The Energy Market
The recent collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has caused a temporary halt to all shipping traffic from the Port of Baltimore. A reader recently asked me how this might impact the energy markets. Pixabay First, the closure should have minimal impact on the transportation of more commonly used […]
