The Bear Growls for Thursday
Back on July 15th, we wrote that the forward curve of futures markets can be very instructive to market participants in their decision process. In our note, we pointed out that the front-month contract for August delivery of WTI crude oil was priced
The Bear Growls for Thursday
As we noted last week, since 1988, the month of August has tended to be one of the weakest on balance.
The Bear Growls for Thursday
It has been said that one should “never fight the Fed”. As recent history proves, that statement is very sound wisdom