Explains that the truth behind increasingly volatile oil market is that over the years oil prices have come untethered from all classical notions of supply and demand and have transcended any country's, consortium's, cartel's, or corporate entity's powers to control them.
Author Canto uses anecdotes and easy-to-understand examples, analogies, and metaphors to provide simple, conversational, economic explanations to everyday problems and issues of interest. He then goes a step further by relating the discussions to basic investment principles.
The problem of credit risk is an important problem in finance. It consists of computing the probability of a firm defaulting on a debt. The time evolution of rating for credit risk models can be studied by means of Markov transition models. This book looks at the homogeneous and non-homogeneous semi-Markov backward credit risk migration models.
An inside look at the commodities market boom--from the beginning to the current bubble This book provides an insider's perspective on the shadowy world of commodity traders, the people who buy and sell oil, gas, copper, cocoa, and orange juice futures.
Profit from the record growth of one of the hottest markets in the world China's economy keeps on revving at record-breaking speed-turning its factories and 1. 3 billion people into bottomless pits of consumption. For investors, this is nothing short of the opportunity of a lifetime.
This work presents an all-encompassing examination on the application of risk management to the evolving global soft commodity markets with in-depth analysis on all the issues relevant to the industry such as price risk, production risk, institutional risk and insurance.
A comprehensive guide featuring monthly strategies, patterns, trends, and trading techniques geared towards the major commodities and currencies, as well as ETFs, futures, and options. It also contains market highlights that cover key supply, demand, and seasonal tendencies on markets including crude oil, ethanol, and precious metals.
Over the years, futures and options traders have relied on "Eurodollar Futures and Options" for market analysis coupled with results-oriented trading and hedging strategies. This work takes over where that book left off and includes the advances in understanding how Eurodollar futures and options work and how traders and hedgers should use them.
Takes readers step-by-step through different aspects of disciplined and lucrative investing. Starting with the how and why of taking responsibility for your money, this title goes on to describe specific investment strategies that the author has used himself with great success.
Praise for Jim Rogers and Adventure Capitalist "[Jim Rogers is] the Indiana Jones of finance. " Time "Rogers has a knack for storytelling and drawing the reader in. Youa ll finish this book feeling as though you, too, have spun around the globe. " USA Today "A terrific read.
Covers hard and soft commodities, including gold, crude oil, electricity, plastics, emissions and agriculturals. This book includes an explanation of the commodity and an analysis of its physical market, discussion on the typical patterns of demand and supply and the factors that influence the price of the commodity, and the main products.
Since 2002, commodities have outperformed every other asset class including stocks and mutual funds. This hands-on, friendly guide gives the basics on breaking into the market, dispels common myths and shows readers how to implement a wide range of trading and investing strategies.
The last few years have been a watershed for the commodities, cash and derivatives industry. New regulations and products have led to an explosion in the commodities markets, creating a new asset for investors that includes hedge funds as well as university endowments, and has resulted in substantial growth in spot derivative trading.
Proven ways to profit from the most critical energy shortage in history At a time when commodities have taken a hefty hit-crude oil has dropped 28. 8% from its high on May 2, gold is down more than 25%, and natural gas has corrected 49. 5%-one commodity is moving higher by the day.
Focuses on four energy commodities - crude oil, unleaded gasoline, natural gas, and heating oil - and Commodity Futures Trading Commission's oversight of these commodities. This book examines trends and patterns of trading activity in the physical and energy derivatives markets and the effects of those trends on prices.
Covers hard and soft commodities (energy, agriculture and metals) and analyses: economic and geopolitical issues in commodities markets; commodity price and volume risk; Stochastic modelling of commodity spot prices and forward curves; and real options valuation and hedging of physical assets in the energy industry.
Contains innovative models for the prices of financial assets. This volume presents ARCH and stochastic volatility models that are used and cited in academic research and are applied by quantitative analysts in many banks. It also takes into account the progress made by empirical researchers from 1986 to 2006.
In 2007/08 the commodity story reached epic proportions as rising demand, limited supply and volatile stock markets collided to send the cost of resources and agricultural commodities sky high across the globe. This is a comprehensive and detailed guide to the commodities supercycle and is suitable for those looking to invest in this area.
Amidst a sharp rise in commodity investing, many have asked whether commodities nowadays move in sync with traditional financial assets. This book offers evidence that challenges this idea. It uses dynamic correlation and recursive co-integration techniques to find the relation between the returns on investable commodity and US equity indices.