Broomer's Blog

From the category archives: Commodities

Gilts Be Damned

BofA Merrill Lynch recently put out a note highlighting that interest rates have fallen to a 5,000 year low. Quite how they have computed this and precisely what the practical implications it has are not clear but I think the gist of their message is self evident.

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What’s up with the oil market?

Last year’s collapse in the oil price has been well documented. We were unsurprised by the bounce and subsequent stabilisation in price over the first half of the year. However

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