Economic Rebounds and Fed “Taper Tantrum” By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Four Traits of Economic Rebounds In an economic rebound, phase transitions might be abrupt. Uneven sectoral recovery could set back employment goals. A return to pre-pandemic norms might include higher rates. Some supply-chain bottlenecks might be easing. Watch … Read More
Bitcoin-Ether Dynamics and Inflation Theories
Bitcoin-Ether Dynamics and Inflation Theories By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Bitcoin’s Remarkable Journey, Correlation With Ether Ether is highly correlated to and more volatile than bitcoin. When bitcoin prices rise, ether prices tend to rise even higher. Bitcoin retains first mover, incumbency advantage over cryptos. Ether has more practical … Read More
Bitcoin Drivers and Reassessing Market Trends
Reassessing Markets Trends and Possible Bitcoin Drivers By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Market Trends That Might Persist or Fade Some countries prepare for an evolving reopening of their economies. Markets that surged are taking a pause, while equities are more volatile. Investors reassessing market trends, could lead to increased volatility. Risk … Read More
Copper’s Demand Dynamics
Copper’s Demand Dynamics By Erik Norland, Senior Economist, CME Group China’s Economic Rebound Lifted Copper Copper prices have more than doubled even as global economy waned. China’s economic rebound has been pivotal to surge in copper prices. Demand for manufactured goods rose amid service-sector lockdown. Could reopening of service sector blunt the copper market’s rally? Listen … Read More
Drought Imperils Crops and Mexico’s Rates Outlook
Drought Imperils Crops and Mexico’s Interest Rates Outlook By Blu Putnam, Chief Economist Norland, Senior Economist CME Group Drought Threatens Farmland In Dakotas Western U.S. drought is worsening, spreading toward Dakotas. Drought could damage corn and soybean crop yields, reduce production. Drought driving up corn, soybean prices already elevated by Chinese demand. Water supply might be affected in … Read More