Posts Tagged ‘Spec limits’

A limit in time

Thursday, May 26th, 2011

Better watch what you say

Tuesday, August 25th, 2009

When I saw the list of panelists to speak at the Commodity Futures Trading Commission’s hearings on speculative position limits last month my interest was peaked. Dr. Henry Jarecki was on the list and I have had the pleasure and challenge of interviewing Dr. Jarecki who has also contributed a couple of articles to Futures over the years.

 

I was interested because I knew that Dr. Jarecki had strong opinions on the issue and tends not to pull his punches. To put it more bluntly, he doesn’t suffer fools lightly and there has been a lot of foolish talk and recommendations on using regulatory powers to limit speculation and affect price by those who would blame speculators for the run up in commodity prices in general and more specifically for last year’s spike in crude oil.

(more…)