COVID-19 Operation Warp Speed and the continued efforts under the new administration pushed US vaccine distribution incrementally higher to 62% of the total population given at least one dose with the EU similar at 65% with China claiming 74% and India 38% (which is a big leap higher). With…
OPEC+ Reaffirmed Its Deal to increase production by 400,000 barrels per day, reaching 2 million barrels per day (mbpd) at the end of 2021. Then in May 2022, the baseline for cuts will reset higher, allowing for the UAE to produce about 500,000 bpd more (its reward for going along…
2021 has been a fairly strong year so far for many CTAs. While this post only displays the top 10 CTAs for the year, we could have easily made the list a top 20 list because we had enough positive performers. CTA indices are also doing well this year, with…
During the month of August, the top 3 performing sectors were: financials (+2.88%), softs (+1.49%), and interest rates (-0.16%). The bottom 3 sectors were: livestock (-5.30%), metals (-3.73%) and grains (-1.15%). Financials locked in their seventh consecutive month of positive gains as the Federal Reserve met in Jackson Hole where…