COVID-19 US Case Count Held at 116k as the seven-day average was generally stable per the CDC with seven-day average US deaths moving up to 375 (which was less than half the rate per million in highly restrictive New Zealand and Israel, and about the same rate as also-restrictive…
OPEC Production Increased to 29.0 million barrels per day (mbpd) during July, less than current quotas but shrinking the chronic underproduction deficit. Adding in Russia and the other OPEC+ members, output increased by 527,000 bpd, led by Russia. Kazakhstan saw production fall by -317,000 bpd due to field maintenance. Libya’s…
During the month of July, the top 3 sectors were: crypto (+37.02%), indices (+9.41%) and livestock (+4.68%). The bottom 3 sectors were: grains (-9.39%), softs (-6.56%) and metals (+0.84%). As expected the Fed raised rates by another 75 bps to help fight inflation. The stock market showed significant strength late…
2022 has been a great year so far for managed futures. CTA indices are all reporting positive results, with Barclay’s CTA index posting ~+8% return through June 2022, and the SG CTA index posting a return of ~+19%. Trend following strategies, which had been out of favor over the last…