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

Inflation Roils Equities and Copper-S&P 500 Drivers

Inflation Roils Equities and Equities-Copper Relative Performance By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Conflicted Sentiment in Equities ​​​​​​Sentiment in equities is conflicted amid growing inflation debate. Expansionary fiscal, monetary policies fueling inflation concerns. Nasdaq growth stocks more impacted than Dow-listed companies. Bonds signal long-term rates might not far exceed Fed’s … Read More