Crude prices look set to hit some volatility before OPEC decides on production levels in June. One strategy: A call spread on crude prices.
My 3 day weekend not on the train reads: • Stocks prices are a proxy for our beliefs about the future (Reformed Broker) • The WSJ Reporter Who Took Down a Unicorn (New York Magazine) • There is only one gun store in all of Mexico. So why is gun violence soaring? (LA Times) • Truth in a Post-Truth Era:… Read More The post 10 Friday AM Reads appeared first on The Big Picture.
Australia’s Platinum Investment has nearly doubled the S&P 500’s returns since 1993. Now it’s selling Coke.
Does implied stock market volatility (IV) predict stock market returns? In their March 2018 paper entitled “Implied Volatility Measures As Indicators of Future Market Returns”, Roberto Bandelli and Wenye Wang analyze the relationship between S&P 500 Index IV and future S&P 500 Index returns. They consider volatilities implied either by S&P 500 Index options (VIX) or by 30-day More
If you are a fan of the BMW M lines (as I am) then this is where it all began: The BMW M1 (internally, the E26). The hand-built supercar was made between 1978 and 1981. It was the first mid-engined BMW to be “mass-produced” (if thats the right word for a hand built car). It was also… Read More The post 1981 BMW M1 appeared first on The Big Picture.
This is the web version of the WSJ’s economic newsletter. You can sign up for daily delivery here. Good morning! Today we look at pushback on proposed auto tariffs, rising prices on U.S. steel, climbing borrowing costs, a shortage of summer workers, Europe’s soft patch, and who’s paying for $80 a barrel oil. PUSHBACK ON AUTO TARIFFS Lawmakers, the auto industry and foreign trade partners are among those lambasting the White House’s latest directive on tariffs. President Donald Trump ordered a review of imported vehicles and auto parts under a 1962 law allowing tariffs based on national security concerns, William Mauldin and Siobhan Hughes report. It’s the same justification used on steel and aluminum, though it’s garnering stronger reactions from political allies and trade partners. Republican lawmakers are growing worried that employing tariffs based on national security grounds could alienate military allies, kick off trade wars, disrupt supply chains and boost consumer Continue reading "Real Time Economics: What Do Tariffs, Oil Prices, a Tight Labor Market and Rising Borrowing Costs Mean for the Economy?"
Low risk as a predictor of financial crises Jon Danielsson (London School of Economics), Marcela Valenzuela (University of Chile), and Ilknur Zer Federal Reserve, May 09, 2018 The global crisis in 2008 blindsided every observer. We had come to believe that crises were a thing of the past. The rules and institutional structure in… Read More The post Low risk as a predictor of financial crises appeared first on The Big Picture.
Some sleuthing into who might be backing the low-life hit men at PropOrNot, a group linked to Ukrainian fascists that defamed Naked Capitalism, ConsortiumNews, Counterpunch, the Ron Paul Institute, Paul Craig Roberts, Black Agenda Report, and other sites.
'I think you could make fusion work.'