Weekend Reads: CFTC Budget Cuts

BTW guys, we have a brand new $85 million Event Center we opened up last month that still doesn’t have a corporate sponsor name…” @UMBCAthletics, the social media account for the college’s athletic department, tweeted on Sunday.

UMBC Retrievers Tout Publicly-Financed Arena After NCAA Win – (Bloomberg)


The CFTC would receive $249m, $1m less than its current budget and 12% less than the agency had requested.

CFTC commissioner slams ‘unimaginable’ budget cut – (CTA Intelligence)


The second way to look at some of the weakness within the market is to look at the percentage of each sector’s components that are up YTD.

S&P Internals – (Bespoke)


Ahmad’s London-based Decca Fund lost 21 percent, or $147 million, in the month of February, following its wrong-way bet on volatility.

Hot Hedge Fund Loses 21% After Bet on Volatility Goes Wrong – (Bloomberg)


Congress paved the way for a resumption of public-health research into gun violence by the Centers for Disease Control and Prevention, one of several measures inserted in a broad spending bill to address the Parkland, Fla., school shooting.

Congress Plans to Allow Gun-Violence Research – (Wall Street Journal)


So how has AQMIX done relative to its peers? The quick answer there = not so good.

What’s Wrong with AQR – Part II – (RCM’s Attain Alternatives Blog)


Indeed, when bitcoin was still months away from getting its first Commodity and Futures Trading Commission (CFTC) regulated bitcoin derivatives, Schlaefer’s company had quietly partnered with Ripple and launched XRP futures – its second cryptocurrency futures product after bitcoin to be regulated under the UK’s Financial Conduct Authority (FCA).

Ripple’s XRP Might Be the Next Crypto Futures Market – (Coindesk)


White boys who grow up rich are likely to remain that way. Black boys raised at the top, however, are more likely to become poor than to stay wealthy in their own adult households.

Extensive Data Shows Punishing Reach of Racism for Black Boys – (New York Times)


Researchers at MIT CSAIL have developed a robotic fish called SoFi that’s able to swim at depths of more than 50 feet.

A soft robotic fish that’s controlled with a Super Nintendo controller – (NBC)


As ever, this data comes with the caveat that this is all based on Google trends, cross-referenced with what’s actually available in each of these countries, so we don’t know for absolute certainty what everyone’s really watching. But hey, a worldwide map of “pirated Game of Thrones” wouldn’t be all that interesting, would it?

Here’s What Every Country Loves Watching on Netflix  — (GQ)


Today’s infographic comes to us from VoucherCloud, and it helps us get a sense of this specialization by looking at the top export of every country in the world. It’s a simple but telling way to see what countries are “good” at producing.

Mapping the Top Export of Every Country – (Visual Capitalist)


The VIX of VIX has averaged 113.73 so far this year, the highest quarterly average in Cboe data going back to 2007.

Volatility Swings Reach New Milestone – (Wall Street Journal)

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