Americas In Case You Forgot, The Federal Reserve lowered interest rates at its July 30th-31st meeting, but only -0.25%, not the -0.50% the market hoped for. What got equities more concerned was the messaging during the Q&A where Chair Powell said the rate cut was only a “mid-cycle adjustment”…
Trade War Tempest or Just a Squall? As the July 31st Fed interest rate cut was quickly overrun by the trade war tit-for-tat, we need to gain some perspective on expected impact of the US/China interaction in early August without the hype too often seen in the media. On…
The historically volatile $750 billion trucking industry has always been a good candidate to have a corresponding futures market. Until recently, certain key components were not in place that are critical for a liquid futures market to properly serve the trucking industry: a bench marked price index (DAT lane rates…
During the month of July, the top 3 performing sectors were: Livestock (3.40%), Metals (1.64%) and Indices (1.51%). Continued scare of African Swine Fever drove up lean hogs, boosting the livestock sector. The bottom 3 sectors were: Softs (-3.78%), Grains (-2.75%) and Energies (-2.31%). Other sectors stayed fairly quiet during…