There will be blood might have been an excellent movie on Oil and Greed, however, the recent equity turmoil, especially in the US, is nothing about Oil. The US after decades again has become oil surplus and would be a major exporter of oil this year if I am not mistaken. Continue reading And then there will be blood? Rise of TED Spreads
Kurtosis is a measure used in statistics to measure weight in the tails. A normal curve with a mean of zero has a kurtosis of 3. Kurtosis in simple terms measures outliers in a distribution of data sets. Continue reading Kurtosis: Are you an outlier?