One Trader Reflects On A Bad Trade - The Never-Ending Grain Pain (And Whose Fault It Was)
Authored by Kevin Muir via The Macro Tourist blog,
I have had some bad trades in my day. But lately, one call has been especially atrocious.
Authored by Kevin Muir via The Macro Tourist blog,
I have had some bad trades in my day. But lately, one call has been especially atrocious.
Meet LongFin Corp - an independent finance and technology company. The Company offers commodity trading, alternate risk transfer, and carry trade financing services. LongFin also provides hedging and risk management solutions to importers, exporters, and small medium business enterprises. LongFin serves customers worldwide.
As iBankCoin notes, it has all of the trimmings of wanton degeneracy on an industrial scale.
Intro by Vince Lanci
via the Soren K. Group at Marketslant.com
The Next Revolution is already Happening
Authored by Nick Cunningham via OilPrice.com,
For the second month in a row, the IEA has poured cold water onto the oil market, publishing an analysis that suggests 2018 could hold some bearish surprises for crude.
The IEA’s December Oil Market Report dramatically revises up the expected growth of U.S. shale, which goes a long way to torpedoing the excitement around the OPEC extension.
For the second straight month, Empire Fed Manufacturing survey disappointed expectations in December, tumbling to its lowest since July.
Under the hood are glimpses of stagflation as new orders slide but prices paid rise...
and employment and workweek number stagnate (if not contract)...