Escalating Reciprocal Tariffs between the US and China caught the commodities world’s attention during March and into early April. The first round announced in early March of 15% to 25% levies on $50 billion of trade by the US in industrial metals products with the $3 billion Chinese response focusing…
In a recent blog post, we examined why investors should consider managed futures at a time when flows into passive funds continue to push equity valuations higher and volatility remains depressed. In that post, we explained that a growing sense of complacency among investors has led them to overlook mounting…
Macro: Americas US Economy is moving forward at a modest pace, with the Q4 2017 estimate reduced slightly from +2.6% to +2.5% (annualized) at the first usual update. While the Atlanta Federal Reserve is now projecting +2.8% annualized for Q1 2018 (lower than its first projections of +4.0%), South…
Oil Production Oil Production in the US powered higher to 10.3 million barrels per day (mbpd) (see right) and the oil-drilling rig count increased from 765 on February 2nd to 800 on March 2nd. Crude production from major shale formations is expected to rise in March by 111,000 bpd…