Market Structure

Energy Markets

Oil Market Liquidity Collapse Amplifies Stagflation Risk as Futures Trading Evaporates

Brent open interest plunges to nine-month low as traders flee war volatility, breaking price discovery and embedding risk premium across portfolios.

7 min read ·
Energy Markets

Retail Traders Pour Into Oil ETFs, Importing Equity Meme-Stock Mechanics Into Commodity Markets

Record inflows to crude oil funds mirror 2021 speculative patterns, but thinner commodity liquidity and futures roll costs create systemic fragility beyond equity markets.

8 min read ·
Markets

Victory Capital Launches $8.6 Billion Counterbid for Janus Henderson

San Antonio-based asset manager offers $57.04 per share in competing proposal, topping Trian's December deal by 16% and forcing bidding war for $484 billion AUM firm.

8 min read ·