Here is a chart from The Economist showing the sharp decline in active rigs in the Permian... The Economist notes: ”Yet besides Chevron’s $5bn bid
Oil prices… Reuters
I’m not sure how much gasoline/diesel is used in the President’s motorcade but here is Reuter’s on why prices rallied: ”Oil prices gained on
Options update…
While not as dramatic as April's explosion in vol, WTI implied vol settled over 50% on Friday... Here is an updated chart... Volume picked up in
Libya oil output… Reuters
Something to keep an eye on... Here is Reuters:
Job losses during recessions… Calculated Risk
I was wondering when Calculated Risk would bring back this excellent chart showing job losses during post WWII recessions:
GDPNow revised higher… Atlanta Fed
Economic data released from September 26 thru today increased the Atlanta Fed’s GDPNow model estimate by +2.6 percentage points... Here is the
Smoke risk…
From the EIA’s excellent Today in Energy series... ”In the first two weeks of September 2020, average solar-powered electricity generation in the
NBA finals expectations… Fivethirtyeight
Nate Silver’s excellent website, Fivethirtyeight, suggests the Miami Heat have a high probability of winning the NBA championship: But Vegas
CTA AUM…. Barclayhedge.com
From Barclayhedge.com, here is a chart showing assets under CTA management through end of June, 2020...








