One year, 215M+ contracts traded and counting Celebrating the most successful product launch in CME Group history Since their launch in May 2019, Micro E-mini futures have provided global traders of all sizes a new tool to access the equity futures market. At 1/10th the size of their E-mini counterparts, Micro E-minis allow traders to … Read More
Conflicting Narratives and Widening Emerging-Developed Market Gap
Conflicting Narratives and Widening Emerging-Developed Market Gap By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Conflicting Narratives Market volatility set to persist amid conflicting narratives. Equities weigh financial distress vs. optimism of reopening economy. Oil confronts supply cuts against drop in demand and lack of storage space. Gold likely to benefit … Read More
Will Inflation Wither with Consumer Demand?
Economic stimulus-debt paradox; inflation to weaken with demand? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group The Economic Stimulus/Relief-Debt Paradox Budget deficits are rising globally amid surge in sovereign debt issuance. Countries spending trillions to mitigate economic impact of pandemic. Long-term interest rates have remained low despite ballooning debt. Are rising … Read More
Economic Research Video: Earnings Season With a Difference
View in your browser A New Approach to Earnings Season? By Blu Putnam, Chief Economist, CME Group Highlights Company earnings under greater scrutiny amid economic distortions. Traditional number crunching might misstate revenue, EPS, expenses. Developing themes and narratives might be a better analytical tool. Focus on sectors with positive cash flow, dividends, rebuilding prospects. Watch … Read More
The Currency-Commodities Nexus and Modern Monetary Theory
The Currency-Commodities Nexus and Modern Monetary Theory By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group The Currency-Commodities Nexus of the Big Eight Currencies of Canada, Norway, Russia, Colombia have weakened with oil. Will cuts to oil output help offset lost demand, bolster these currencies? Russia’s low debt level, large foreign reserves … Read More