U.S. equity-index futures gained, signaling the gauge will recoup some of yesterday’s losses, and copper rose with oil amid signs economies in China and the euro area are strengthening. Treasuries fell and the yen weakened.
Managed futures had another turbulent year in 2012, but as always, some diamonds emerged from the rough. In this annual feature, we look at what worked and didn’t work in 2012, and profile four commodity trading advisors that stood out from the crowd.
Menachem Sternberg has worked as an economist, academic, discretionary trader and systematic trader. We talk with Sternberg about markets, economic policy and the “new normal” market environment that has existed since the 2008 economic meltdown.