Something Very Strange Is Happening In The Oil Options Market
"This distortion persists specifically because the natural buyers of upside protection aren't currently expressing it this way." - Goldman Sachs
"This distortion persists specifically because the natural buyers of upside protection aren't currently expressing it this way." - Goldman Sachs
Conflicting reports as Saudis boast 100 warplanes operating over Yemen...
"We expect developments over the next few months will help investors better appreciate..."
Footage posted overnight shows the lifeboats coming in after dark, and the police escort that then moved the coaches out of town....
" ... it is seen as potentially cutting the expense to run pickup trucks and other on-road vehicles."
A State Department spokesperson said the revocations primarily resulted from criminal activity by visa holders...
...what stops the selling?
Solar panels would orbit the Earth, collecting sunlight straight from the source and then beaming it back down to Earth either through powerful lasers or microwave beams, depending on the technology being applied.
The share of gasoline cars in global vehicle sales fell below 50% for the first time ever as the Hormuz shock and the resulting record-high fuel prices accelerated the previously sluggish shift toward EVs outside China.
Reports of Houthi missile launches towards Bab al-Mandeb Strait...
Bonds are screaming. Credit and oil are also screaming. Consumer sentiment is at a record low. And the VIX is priced for Christmas.
The main focus in the week ahead will be on central banks, with the minutes from the September FOMC meeting on Wednesday and the ECB’s account of its latest meeting on Thursday.
In a public letter, they denounced the policy as "galling."
The tape looks fine. Almost nothing underneath it does...
Forces students into mandatory 'inclusivity' training...
“Until Hormuz fully re-opens and confidence returns, the crude reality is that pressure at both ends of the barrel will intensify. While the squeeze on crude is serious, refined fuel prices have risen even more sharply.”
The historic surge in global bond yields isn’t merely about price discovery, but also about correlation discovery. That makes yesterday’s playbook increasingly unreliable...
