Yesterday, a strip of one month spread options on $1.50 calls in 2020 were liquidated... While we don’t know for sure the motivation behind the trade
Saudi Arabia, carbon trading, capture… Reuters
Who knew? ”We will come soon with a suggestion on carbon trading that would be a fair carbon trading system ... And I think it will work,” Prince
Algos gone wild… WSJ
Alexander Osipovic, Wall Street Journal, has an excellent piece on some unintended consequences of algorithmic trading, here... “The episode was
Sunday linkfest… Abnormal Returns
From the always excellent Tadas Viskanta, Abnormal Returns, here...
Commodities/equities ratio… WSJ
The Wall Street Journal’s “The Daily Shot” includes a chart that suggests commodities are undervalued vs. equities... Is this a meaningful
From the file of unintended consequences…
Economic analyses can drive one batty sometimes, but here is a study which suggests a “first do no harm” approach for public policy... The paper, “Be
Ed Yardeni on CNBC…
Dr. Ed makes the bullish case for stocks, but listen to his commentary on the Fed, from CNBC here...
US petroleum, products stock levels… EIA
Note that distillate stocks are tight relative to 5 year averages... The report is here...
US Bacon Pile is Biggest in 48 Years… Bloomberg
Lydia Mulvaney and Dominic Carey, Bloomberg discuss the glut of pork bellies, the sharp increase in the hog heard and Expected strong demand from