Posts filed under “Markets”

Cornucopia: Stockpiles of Foodstuffs

Nice chart from WSJ about the stockpiles of foodstuffs around the world:



Source: WSJ

Category: Commodities, Markets

Succinct Summations of Week’s Event’s 1/9/15

Succinct Summations week ending January 9th Positives: 1. The U.S. Economy added 252k jobs in December. 2. Unemployment rate fell to 5.6%; Revisions to the jobs report added 50k jobs to each of the prior past two months. 3. U.S. consumer confidence jumped to a seven-year high; 4. ADP’s December private payrolls rose by 241k….Read More

Category: Markets

Our Upcoming Seattle Trip!

I am excited about our upcoming trip to Seattle! As previously mentioned, I will be in town the week of January 20th to interview Howard Marks at the annual Seattle CFA dinner. I will also be visiting a few clients — and prospective clients — as well. So far, it looks like we be in…Read More

Category: Markets

The Plunge in Petroleum

Source: The Economist

Category: Energy, Markets

Who Owns Treasuries?

From Deutsche Bank: The ownership structure of US Treasuries is fascinating: 50% is held by foreigners and 20% is held by the Fed. Domestic accounts hold only 30% of Treasuries, down from 75% in the early 1990s, see chart below. Also, attached please find our 105 page update on Who is buying Treasuries, Mortgages, Credit,…Read More

Category: Fixed Income/Interest Rates, Markets

My Forecast Free Wish List for 2015

U.S. markets have declined in the new year. This isn’t necessarily a bad thing. When markets go straight up without pause and sentiment becomes excessive, it rarely ends well. A little dose of fear might be a good thing. Which brings me to today’s listicle. These aren’t forecasts, but events I’d like to see happen….Read More

Category: Energy, Markets, Real Estate

Iran Set to Compromise?

Overview The Euro has declined to around US$1.19. However, net short speculative positions have, once again, risen to extreme levels, which worries me. Tomorrow’s December EZ CPI inflation data is highly important. The Bloomberg forecast is for a reading of -0.1% Y/Y, as opposed to +0.3% in November. Tomorrow’s FED minutes will also be very…Read More

Category: Markets, War/Defense

Art Cashin’s Tis the day before New Year’s

‘Tis the day before New Year’s and despite what you’re hopin’ The folks in the Boardroom say “the full day we’re open” So we’ll buy and we’ll sell as the tape crawls along And though “Bubbly’s” verboten we may still sing a song Two Thousand Fourteen was okay, not really a wow Till a Santa…Read More

Category: Markets

Introducing the AQR Data Library

Click to get started. Source: AQR Data Sets From AQR: For years I’ve been an admirer of, and thankful for, those who have created and publicly shared the databases that allow us to do our research far easier and better. Today AQR attempts to join them in making such a contribution. When you create a…Read More

Category: Data Analysis, Markets

The 2014 Festivus Airing of Grievances

The 2014 Festivus Airing of Grievances   Well, it’s that time of the year again for the airing of grievances.  And I’ve got a lot of problems with you people! First of which are those of you (PK, NYT?) who insist that the Fed’s QE did not result in any inflation. It all depends on your definition of…Read More

Category: Markets