Corey Hoffstein, Chief Investment Officer of Newfound Research, interviews Benn Eifert, founder of QVR Advisors on volatility investing. This is an
Euro emissions market update… FT
Anna Gross, Leslie Hook and Tanya Powley have a nice piece in the Financial Times on increased activity in carbon markets... Here is a chart of the
I Can See Clearly Now… WSJ
Here is Jeffrey Sparshott’s (Wall Street Journal) excellent piece on market clarity: Good Day Sunshine The unofficial mantra of the 2019
December Oil Market Report… IEA
Here are highlights from the IEA’s monthly Oil Market Report (my bold): Global oil demand increased by 900 kb/d y-o-y in 3Q19, the strongest
Supply/Demand balance… EIA
The EIA assumes a 500,000 bpd cut in OPEC production throughout all of 2020 in their December Short Term Energy Outlook released yesterday... Here is
Vol update…
Here is a chart based on implied volatility, WTI crude, second nearby, at the money option... Front month options (Jan) settled at 25.0 on Friday down
China reminder… WSJ
From The Wall Street Journal’s The Daily Shot... China’s economy is still growing:
Dueling Fed GDP Nowcasts…
Here are the Atlanta and NY Feds’ dueling Nowcasts:
Options snapshot… CME
Here is a snapshot of yesterday’s option volume... Note that open interest in puts climbed much more than calls... And, while we don’t know for sure,