Hints and tips:
...But 2022’s market turmoil is finally providing them with near-perfect trading conditions....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...- Borio et al on another possible secular stagnation explanation, namely the resource misallocations that accumulated during the previous financial boom....
...“We feel that the limit down trading of steel rebar and iron ore futures have not made the headlines they deserve as the markets focus on the oil price rise overnight coming on the back of the wildfires...
...But, as Neil notes, things could have been worse without all that warehousing shenanigans from Goldman et al....
...(Wall Street Journal) - Goldman et al should be forced to incur losses on mistaken trades, says Myron Scholes. (Financial Times) - Samuel Brittan: Productivity matters, but it’s not everything....
...So it’s not surprising that the first response from Buchheit et al is to answer back with bits of the bond contract that suggest sneaky loopholes instead....
...- Five hits from Scott Sumner, on the eurozone, FOMC, et al....
...From a letter dispatched to the Commodity Futures Trading Commission: The Directors Guild of America, Inc....
...In other words, the USO held sway over the market, i.e. these funds (USO, S&P GSCI et al) are artificially skewing the front of the NYMEX curve; putting downward pressure as they sell a massive percentage...
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