Charts of the Week
VIX Speculators Go Long
November 7, 2018
Large speculators hold a net long position in VIX futures for the first time since May.
Large speculators hold a net long position in VIX futures for the first time since May.
An update of the Fed's balance sheet reduction
Selected charts and excerpts from some of our research over the past week
The shale oil boom quickly brought U.S. crude oil production back to levels last seen in the 1970s.
As expected, the Republicans gained seats in the Senate and Democrats gained seats in the House yesterday. The resulting divided government might act more like a unified government and be more active than the last two years of divided government.
U.S. inflation expectations have become too pessimistic and a forgotten concern to degrees favoring widening in the weeks ahead.
Optimism about China / U.S. trade and the Bolsonaro election have investors flooding back into emerging market ETFs, especially in China. Does the bounce in emerging markets have legs?
Today's topics include which president gets credit for the booming economy, crude oil tumbles, why a divided Congress could hurt the dollar, the Treasury market, leveraged loans, CDOs make a comeback, more on the payroll report, how ETFs affect markets, foreigners buying less Chinese debt and the future of financial research.
In the final update before election day, House control is expected to flip to the Democrats as betting markets are trading in the high 60s/low 70s. The Senate is still expected to remain Republican as the betting markets are near 90%.
Soybean prices are lagging other grains as we move into the heart of harvest season. Disappointment at soybean prices has tariffs and the trade war back in the minds of midwestern farmers.
Today's topics include how markets perform after the midterms, rising crude oil volatility, Yellen discusses inequality, Larry Summers speaks, lending money for higher yields, the Trump bump, supply crunch in the commodities markets, Germany's bond market and Turkey.