From today’s Wall Street Journal, here:
Flood of oil is coming… NY Times
Clifford Krause begins his excellent article in today’s NY Times with this: “A surge of oil production is coming, whether the world needs it or not.”
Why the repo market went awry… The Economist
The Economist explains what is happening with fed funds and the repo market, here...
Saudi Aramco IPO… Bloomberg
Bloomberg’s Matthew Martin, Javier Blas and Archana Narayanan report on valuing Saudi Aramco’s IPO, here...
World’s greatest investor… WSJ
From Greg Zuckerman, Wall Street Journal, on Jim Simons, here... Adapted from “The Man Who Solved the Market: How Jim Simons Launched the Quant
Giving up on steep backwardation for 2020?
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...