Trading in WTI options had a bullish look yesterday with almost twice as many calls than puts trading, 61,532 to 33,229 and also a similar pattern in
Purchasing power of the dollar… Carpe Diem
The Carpe Diem blog posted the chart below showing the purchasing power of the dollar over the time the Federal Reserve was established... Shouldn’t
Metals demand/energy transition… The Big Picture
Interesting chart from the IEA via The Big Picture showing demand for metals/minerals important to the energy transition:
Mexico’s Power Plants Burning Dirty Fuel… Bloomberg
Unintended consequences... Here is Lucia Kassai, Bloomberg: ”With the global shipping industry shunning sulfurous fuel oil to curb emissions,
On noise… Kahneman
Nobel prize winner Daniel Kahneman talks to Barry Ritholtz about “noise”, here... ”Be sure to check out our Masters in Business interview this
Iran gears up… Bloomberg
Anthony Di Paola, Arsalan Shahla, and Grant Smith, Bloomberg write on Iran’s return to the oil market, here... ”Tehran has already taken advantage
GDP estimates for 2Q… Calculated Risk
From Calculated Risk:
Et Tu, Tin?… WSJ
Joe Wallace, Wall Street Journal, highlights the price rally in tin, here... ”Coronavirus has constrained supplies of raw metal coming out of
RBOB update…
Still not much reaction to the Colonial Pipeline closure in the NY Harbor’s RBOB futures price: (from Barchart.com)... First is the RBOB futures