Archives for December, 2015

On Coal, Carbon Dioxide and Oxygen

About 450 million years ago the Earth had a carbon dioxide level about twenty times the level today. Over the next 100 million years it fell to levels a little higher than today. The reason for the decline was the first occurrence of vast, planet-wide, forests. The trees in these…

A Great Chart on S&P 500 Futures Liquidity

S & P 500 futures contracts were introduced by the Chicago Mercantile Exchange(“CME”) in 1982. The contract is based upon the 500 companies that comprise the S&P 500. The contract unit is USD250 times the value of the S&P 500. Thus 250 x 2091 (last traded S&P 500 value) is…