Featured Topics
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Financials
We are watching the MAR14/JUN14 Natural gas spread, which has recently exploded. We believe this may be approaching overbought levels.
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ETFs
SEC may target exchange-traded notes next in push to simplify
A regulatory push to make complex securities easier to understand could change how banks disclose risks for exchange-traded notes for the first time since they began trading in 2006.
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Forex
Dollar rises to five-year high against yen
The dollar strengthened to a five year high against the yen on optimism U.S. economic growth will outperform Japan’s next year.
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Regulations
Most analysis—I believe correctly—targeted the September meeting as the start of the taper. But in between there were two extremely poor unemployment reports. Just after we had a government shutdown and a threat of default on our debt.
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