Who We Are Carl J. Rothenbacher is the founder and manager of Red River Capital LLC. Starting his career in IT with a computer science degree, Mr. Rothenbacher worked as a software developer, and became interested in the application of statistics and data analysis to futures trading. He holds an…
Macro: Americas US Q1 GDP growth was revised up to +1.2% from +0.7% annualized (due to higher business investment and consumer spending) and the Q2 forecast has held in the high 3% range for most of the quarter by the Atlanta Federal Reserve, setting the expectation for a decent 2017. …
OPEC and friends met on May 25th and while they decided to extend their production cut for another nine months into 2018, the market was disappointed that they did not cut their production level more deeply. The resulting fall in the crude oil markets was a bit of a surprise…
I have been commenting on the equity market “melt up” for several quarters now. Since the end of the first quarter, this melt up has persisted and extended. Lately I’ve noted many other financial practitioners, commentators, and writers using the term “melt up” too. While its use is becoming more…