{"id":2751,"date":"2007-01-09T08:49:54","date_gmt":"2007-01-09T08:49:54","guid":{"rendered":"http:\/\/zmetro.com\/?p=2751"},"modified":"2007-01-09T08:49:54","modified_gmt":"2007-01-09T08:49:54","slug":"energy_market_t","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=2751","title":{"rendered":"Energy Market Tea Leaves"},"content":{"rendered":"<p><a href=\"http:\/\/bigpicture.typepad.com\/comments\/2007\/01\/gsci_cuts_energ.html\">Barry Ritholtz<\/a>:<\/p>\n<blockquote><p><i>BP readers correctly pointed out to the change in the Goldman Sachs Commodity Index (GSCI) (Here, here and of course, here).  Tim Iacono did a nice job on the details the following month.<br \/><Br><br \/>\nThat mid-year halving of the gasoline weighting caught quite a few people by surprise. The timing &#8212; slashing energy futures weightings 2 months before the mid-term elections &#8212; was stunning to say the least. The GSCI changes had wide ranging impacts, leading (indirectly at the very least) to: Amaranth&#8217;s implosion, a drop in CPI \/ inflation rates, the market rally since the July lows, and of course, GS&#8217;s record setting Q3\/Q4 profits (Hey, its nice to be the House). <\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Barry Ritholtz: BP readers correctly pointed out to the change in the Goldman Sachs Commodity Index (GSCI) (Here, here and of course, here). Tim Iacono did a nice job on the details the following month. That mid-year halving of the gasoline weighting caught quite a few people by surprise. The timing &#8212; slashing energy futures [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,29,35],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2751"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2751"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2751\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}