HedgeAnalytics

ExorbitantPrivilege

News & Insights

Sharks or Dolphins? Part 2

In the first part of this two part look at the basis trade I tried to quantify the spread of the trade to non US markets The problem with concentrating

Sharks or Dolphins? Part I

Prompted by a call from an old friend enquiring about a piece on cash futures basis from way back in November 2024 I thought it would be interesting useful to

Beige Book

Our textual analysis suggests the latest Beige Book released on 4th June slightly moderated concerns about the US economy expressed in the previous April Beige Book However the overall assessment

BM Talks

I had a nice chat with Helen Thomas Blonde Money https www buzzsprout com 1606456 episodes 17195219 bm talks meyrick chapman speaks Read more

Two Sided Dollar Deficit

In late April the Hoover Institution at Standford University hosted a fascinating panel discussion on tariffs trade and national security The entire discussion is worth listening to One of the

Déjà Vu or Glitch?

8220 Trinity A déjà vu is usually a glitch in the Matrix It happens when they change something 8221 Almost no one associated with markets needs someone else to

Subscribe on Substack

Exorbitantprivilege unpicks the liquidity links of central banks, the dollar, international equities, bonds, commodities and currencies, plus a few other related themes – such as regulation. It showcases the pet rants of Meyrick Chapman, principal of Hedge Analytics Ltd.

Subscribe to get full access to the newsletter. Never miss an update.