CONTENTS


4-7 Marc Ostwald 


16-17


 As 2018 got under way, it initially appeared that investors continue to adopt a path of least resistance ‘Goldilocks’ approach to asset allocation, reaching for yield and/or risk assets, and seemingly impervious to any suggestion that the new year might usher in a more challenging environment.


8-9 Howard Jenkins


Alan Bush 


  with their best performance since 2013. And following the record gains from last year, S&P 500, Dow Jones, NASDAQ and Russell 2000 futures continued to advance in January as another new round of historical highs were registered.


18-21 Amrita Tandukar


A perfect storm Generally, January is a bit of a miserable month. The party days of Christmas and New Year, not to mention resolutions, are just hazy memories, with the weather often dank and cold. For sugar producers, traders and brokers, the start of 2018 looks particularly depressing with prices and sentiment hitting new lows.


10-11 Andy Ash


 Zea mays or maize or corn, as we call it in the United States, has established itself as an integral part in US economy.


24-25


Erik Norland  





 It is interesting how the non- commercial (known as speculative) long euro/short dollar position has been ‘pressed’ again this year.


12-13 Eddie Tofpik 


14-15 George Eddell


 All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report  and not necessarily those of CME  report and the information herein should not be considered investment advice or the results of actual market experience.


26


 No protection… your assets and cash stolen within an hour!


 The science behind the seed and development of new varieties is delivering previously unthought-of results. But safeguarding advanced new technologies will be the key to the optimisation of food production for generations to come.


About ADMISI 27


The Ghost In The Machine Library


3 | ADMISI - The Ghost In The Machine | January/February 2018


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