Oil: Geopolitical risks in the Middle East

Oil: Geopolitical risks in the Middle East By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Oil: US buffers Mideast influence Impact of Mideast oil supply disruptions on prices has diminished Loss of influence is due to rising US shale oil production and exports Price surge after drone attack on Saudi oil … Read More

Trading themes; will gold outperform equities?

Top trading themes and is gold about to outperform equities? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Is gold about to outperform equities? Gold has outperformed equities over the past year, reversing a 7-year trend Fed rates cuts could herald a USD bear market, a bullish factor for gold Could … Read More

Research: Trade war to target Europe next?

Trade war to target Europe next? By Blu Putnam, Chief Economist, CME Group Highlights US could target Europe in next phase of trade war possibly in October New front on trade war would hurt auto sector in Alabama and South Carolina Faltering German economy, which relies on auto exports, could be hit hard Euro could fall … Read More

Spotting a recession & Equity market updates

How to spot a recession and what’s next for equities? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group How to spot a recession No US recession in sight, but bond market is getting worried Inverted yield curve could forerun a recession by up to two years In that time, rate cuts … Read More

Can negative rates spur growth? How Mexico could bolster the economy

Can negative rates spur growth? How Mexico could bolster the economy By Erik Norland, Senior Economist, CME Group Can negative rates stimulate growth? Negative deposit rates since 2014 have not bolstered eurozone growth Last three rate cuts have strengthened, not weakened trade-weighted euro Stronger euro does not stimulate the economy or generate inflation Should Federal … Read More