4 Dec 2015

Mario Draghi Taketh Away

…that markets overreacted to the news because the severity of the selloff in currencies and commodities probably set off margin calls for leveraged players that can use a lot of…

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23 Dec 2015

Oil and Energy Stocks

…energy stocks, so I created a scatter-plot that compares WTI crude prices to energy stocks to see how much energy prices explain energy stock returns. A simple visual gander tells…

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5 Jan 2016

Oil Prices Drop on Middle East Tension?

…prices. In this case, though, the geopolitical tension between these two particular countries actually suggests to markets that Saudi Arabia is even less likely to cut production than they have…

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19 May 2016

Fed Minutes Suggest Markets May Wrong

…a rate increase might be appropriate. Given the weak first quarter and that live tracking estimates of current growth are much better, the statement strongly implies a June hike. The…

29 Jun 2016

EU Article 50

establishing guidelines. German Chancellor Angela Merkel warned today that the UK cannot “cherry pick” in its negotiations to exit the EU, emphasizing that countries wanting access to the single market…