This is true, breakeven inflation = expected inflation + risk premium - TIPS liquidity premium, sadly you do not get to observe the last two so...
https://twitter.com/PolemicTMM/status/1362299841313931264 …
Commodity futures term structure = expected change in spot price + risk premium - storage effects (these are particularly fun for seasonal commodities like natural gas or commodities with rare but severe supply/storage issues, like oil)
-
-
Haha on this one I forgot to add "temporary social media-fuelled speculative mania" -- as in this post about the silver basis from back when I had ~0 followershttps://twitter.com/macrocephalopod/status/1356183622978596866?s=20 …
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.