BlackRock Inc., the world’s biggest money manager, agreed to end an analyst survey program that New York Attorney General Eric Schneiderman concluded was relied on to execute trades using nonpublic information.
Many explanations have been given why the Newedge CTA Index has returned a disappointing 0.82% per annum over the past five years, but none have taken into consideration the impact of Libor rates on returns. When we do, the results are striking.
On Friday we saw a large drop in corn with Sept 2013 down $0.25. This was caused by the USDA Acreage report released that day confirming the U.S. corn acreage planted at 97.4 million acres, the highest planted since 1936 when an estimated 102 million acres were planted.
John Brynjolfsson successfully has traded alternative real assets for more than 25 years. And, in 2009 he traded his career at PIMCO for his own firm, Armored Wolf. As an inflation expert, we get his outlook for the near- and long-term.
In the May WASDE global ending stocks are projected to be at 186.4 million tons, up 6.2 million tons from last year. The 51.2 million ton increase in foreign production will more than offset the lower forecast production in the U.S.