Stormy Weather for Ag, Energy Markets?
- Agriculture, energy markets could see more weather events through 2020, 2021.
- La Niña could generate more hurricanes than usual, potentially striking US.
- Excessive rain, snow possible if warmer waters persist through winter, spring.
- If La Niña pattern intensifies, flooding could delay crop seeding in 2021.
|
|
|
Nasdaq-100-S&P 500 Volatility Ratio at Peak Levels
- Cost of Nasdaq-100 options has surged relative to S&P 500 options.
- Surge tracks sharp gains in the tech-heavy index over past three years.
- Nasdaq-100 slumped 85% from 2000-2002 after 2,000% rally in 1995-2000.
- Low 30-year Treasury yields make equities look inexpensive versus bonds.
|
|
