Derivative securities

US oil hits lowest price of the year thanks to China as OPEC+ exit decision looms

US oil hits lowest price of the year thanks to China as OPEC+ exit decision looms

Benchmark oil futures in the United States touched their lowest price of 2022 on Monday, briefly erasing what had been a sizable gain since the start of the year as China’s zero COVID policy was is wreaking havoc on energy demand expectations. The price move came less than a week ahead of a Dec. 4 …

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Bear markets occur in three stages;  and we've only just started the second, says a seasoned analyst.

Bear markets occur in three stages; and we’ve only just started the second, says a seasoned analyst.

Stocks will start the Black Friday half-session near 10-week highs, having rebounded in part on hopes that the Federal Reserve will slow the pace of interest rate hikes while they wait to see how much tightening previous had an impact on the economy. Investors are therefore anticipating when the Fed will eventually pivot and borrowing …

Bear markets occur in three stages; and we’ve only just started the second, says a seasoned analyst. Read More »

Here are four worrying signs that inflation may persist, from a bond fund manager

Here are four worrying signs that inflation may persist, from a bond fund manager

What last week’s consumer prices and then Tuesday’s producer price index data both show is that the market was pricing in more bad news on the inflation front than of relief, and therefore large short cover rallies when the data is weaker than expected. SocGen This graph from Societe Generale clearly shows that the biggest …

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