Day: July 16, 2019

Key Takeaways from Day One of the Libra Hearings

The US Senate Committee on Banking, Housing and Urban Affairs today held a hearing examining Facebook’s proposed cryptocurrency, libra, and I almost filled up a whole notebook taking notes, which I’ll try and distill into something coherent now. It was fairly compelling, although frequently frustrating and sometimes amusing, stuff. Firstly, it’s worth noting that the […]

CTAs Bounce Back in June

Commodity Trading Advisors (CTA) posted a 1.59% return in June, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. This follows a difficult month in May for these funds, when the Barclay CTA Index was down 0.19%. Year-to-date, the index is now up 3.84%. “Recession fears coupled with market anticipation […]