John H. Cochrane, The Grumpy Economist, quotes Torsten Slok (chief economist at Apollo Global Management) on forecasting interest rates, here: ”The
Options update…
Total option volume including Brent and WTI was heavy yesterday with 387,284 trading, 232,867 calls and 154,417 puts… 18,012 June 95 calls and 19,705
Be wary of headlines like this one…
From Alex Longley, Bloomberg: Oil Market Runs Out of Bears in Surge to the Brink of
Unplanned outages, OPEC… EIA
From the EIA’s excellent “This Week in Petroleum”, here… ”We estimate approximately 0.4 million barrels per day (b/d) of crude oil production went
Options update…
Javier Blas, Bloomberg, has a nice piece on options activity in oil markets, here… I do disagree with this: ”If we break above $90 a barrel,
What a World… Morgan Housel
From the always excellent Morgan Housel: https://www.collaborativefund.com/blog/what-a-world/ BlackRock CEO Larry Fink once told a story about