What are circuit breakers? Circuit breaker limits act as safety nets in unstable financial conditions. They are a set of levels, if breached, the market halts trading for a period of time. For instance, the market will pause after a 7% intraday drop in the S&P 500. Levels are calculated…
2019 was overall a good year for the CTA industry. Most CTA indices reported positive performance, and many strategies that had been out of favor for the past few years are making a comeback. Trend following and global macro strategies are again prevalent within managed futures and many are predicting…
North America Q4 US Growth came in at +2.1% annualized for a full-year 2019 growth of +2.3%. This was below 2018’s rate but still decent. All sectors apart from inventories contributed with a particularly strong showing by net exports which contributed 1.5% annualized – the most since 2009. The…
Wuhan Virus Still Early but so far, the virus seems under control apart from the area most deeply affected in China (city of Wuhan / province of Hubei). Information suppression (included redefining the definition of who is technically “infected”) and the uncertainty of those affected but forced to stay…