Abenomics: A Work in Progress After Five Years

Abenomics: A Work in Progress After Five Years By Erik Norland, Senior Economist, CME Group Highlights Negative rates strengthened the yen, slowing economic growth Japan’s debt-to-GDP ratio remains high but has begun to stabilize in 2017 High debt level likely to keep Japan’s short-term rates low for years Japan’s partial return to nuclear power could dent … Read More

Watch Video: Long- and Short-Term Challenges to Oil

Oil: Short-Term Versus Long-Term Price Scenarios By Blu Putnam, Chief Economist, CME Group Highlights U.S. oil output could hit 10 million barrels per day in 2018 Shale technology widening output gap between U.S., North Sea Brent’s role, even as a regional benchmark, set to diminish in 2020s Long-term outlook for oil prices tempered by electric … Read More

Research: Russell 2000 Performs Versus S&P 500

Equities: Comparing Russell 2000 Versus S&P 500 By Erik Norland, Senior Economist, CME Group Highlights: The Russell 2000® and S&P 500® have a high correlation Russell 2000 outperforms S&P 500 during economic turbulence S&P 500 has topped Russell 2000 since 2014 as economy grows Will S&P 500 gains continue or have large-cap stocks peaked? Read Full Article Spread U.S. Small-Cap … Read More

Research: How Markets View Unity vs. Disintegration

View in your browser Europe: How Markets View Unity vs. Disintegration By Erik Norland, Senior Economist, CME Group Highlights: Euro, pound markets seem to favor greater European integration Inaction in U.S. Congress, European recovery weigh on dollar Options implied volatility on euro, pound versus dollar near decade lows Central bank tightening, major event risk could … Read More

Research: Ag Markets Appear Unprepared for La Niña

View in your browser Options Markets Complacent Ahead of La Niña By Erik Norland, Senior Economist, CME Group Highlights: La Niña on the horizon but grain markets seem unperturbed Options implied volatility is at or near record lows for grains La Niña associated with high volatility and bearish sentiment Read Full Article Forward to Colleague  |  Trademarks … Read More