Q4 2017 Most-Read Economic Research

View in your browser Top 5 Articles for Q4 2017 See Readers’ Favorite Reports from Blu and Erik VIX-Yield Curve: At the Door of High Volatility? Is the United States in the mid-to-late stages of an economic cycle preceding a significant downturn? A chart series offers insight. Credit Spread-Yield Curve Cycle: All Eyes on the Fed … Read More

Bitcoin: Birth of the World’s First “Teal” Equity?

Bitcoin: World’s First “Teal” Equity By Erik Norland, Senior Economist, CME Group Highlights Bitcoin characteristics resemble equities, currencies and commodities Any collapse in bitcoin currently poses no threat to global growth or stability Policy makers may issue their own cryptocurrencies using blockchain technology Bitcoin helping incentivize creation of a powerful new generation of computers Read Full … Read More

Credit Spread-Yield Curve Cycle: All Eyes on the Fed in 2018 & Beyond

Credit Spread-Yield Curve Cycle: All Eyes on the Fed in 2018 & Beyond By Erik Norland, Senior Economist, CME Group Highlights U.S. in the mid-to-late stage of expansion post Great Recession Fed ‘dot plot’ tightening pace could flatten yield curve, widen credit spreads Could lead U.S. economy into a recession around 2020 or 2021 Slower pace … Read More

Bitcoin: Will Stunning Rally Sustain or Sour in 2018?

Bitcoin: Will Stunning Rally Sustain or Sour in 2018? By Erik Norland, Senior Economist, CME Group Highlights Growth in bitcoin supply has slowed after first four years The computational difficulty in mining bitcoin rises with prices Transaction costs are rising, like before the 2010, 2013 price crash Is bitcoin market mature enough to weather the spike … Read More

CME Group to Launch Bitcoin Futures on December 18

CME Group will launch Bitcoin futures on Sunday, December 17, 2017, for first trade date December 18, to provide market participants with a new tool for managing bitcoin market risk and volatility. Based on the CME CF Bitcoin Reference Rate (BRR), Bitcoin futures mark a natural evolution of the BRR, which has provided market participants … Read More