The purpose of this paper is to review the evidence on the profitability of technical analysis.
The empirical literature is categorized into two groups, ‘early’ and ‘modern’ studies, …

Some market participants and policy‐makers believe that index fund investment was a major
driver of the 2007‐2008 spike in commodity futures prices. One group of empirical studies …

It is commonly asserted that speculative buying by index funds in commodity futures and
over-the–counter derivatives markets created a “bubble“ in commodity prices, with the result …

The ‘Masters Hypothesis’ is the claim that long-only index investment was a major driver of
the 2007–2008 spike in commodity futures prices and energy futures prices in particular. …

This paper revisits the “adequacy of speculation” debate in agricultural futures markets
using the positions held by index funds in the Commitment of Traders reports. Index fund …

The first decade of the 21st century has perhaps witnessed morestructural change in commodity
futures markets than all previous decadescombined. Not only have trading volumes and …

This preliminary study examines the impact of index and swap fund participation in agricultural
and energy commodity futures markets. Based on new data and empirical analysis the …

Recent accusations against speculators in general and long‐only commodity index funds in
particular include: increasing market volatility, distorting historical price relationships, and …

Considerable disagreement exists about the most appropriate characterization of farm‐level
yield distributions. Yet, the economic importance of alternative yield distribution …

The purpose of this report is to review the evidence on the profitability of technical analysis.
The empirical literature is categorized into two groups," early" and" modern" studies, …