Ten days ago the price of oil was very low relative to its expected level in September. We concluded that it was a good time to buy oil futures because the price had to bounce back to $84. It did happen several days later and we proposed to sell at $84. Now it is a good time again to buy oil futures since the current price is below the expected equilibrium level for October, which is between $80 and $82. The expected return at a two-week horizon is about 3%.
Subscribe to:
Post Comments (Atom)
-
These are two biggest parts of the Former Soviet Union. To characterize them from the economic point of view we borrow data from the Tot... -
This paper "Gender income disparity in the USA: analysis and dynamic modelling" is also of interest Abstract We analyze and deve...
-
Almost every day, I have a request to publish this paper " Race and gender income inequality in the USA: black women vs. white men...
No comments:
Post a Comment