Futures Contract

Futures Contract

So what is a futures contract, the difference between a monthly contract and a continuous contract? Moreover, how can a monthly contract drop into negative territory as what happened recently April 2020 when West Texas Intermediate (WTI) oil made history plunging into negative USD -37.63 leaving buys with a greater loss than their initial investment? …

Tail Risk

Keeping an eye on tail risk

As Darren Winters points out, keeping an eye on tail risk in the age of frothy asset prices fueled by unprecedented central bank liquidity and the recent black swan event (or maybe better said black bat event) Coronavirus would be prudent.  “Anyone pricing assets must consider the ‘tail risk’ that virus outbreak could ‘get much …