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It’s time for another animated installment of The Hedge Fund Truth! Turn up your speakers, close your door and watch this week’s video blog. This video looks at some of the truths and fictions around the hedge fund industry, focusing around recent bad press about returns, fees and a shortage of talent. It asks if the

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We expect oil to hit an inflection point around 3Q16, when inventory drawdowns push the market to consider forward-looking, half-cycle costs of production (above $60/bbl). Lacking a regulator with spare capacity, the lagged effects on supply from unprecedented capex cuts will drive prices much higher by the end of the decade. Here we build upon our analysis from September 2015, Breaking Point: Capitalizing an Oil Glut, and its Consequences to discuss the market tightness exacerbated by increasingly frequent supply disruptions and characterize an investment that combines low-cost base value with leverage to rising prices.

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Greetings, Let us begin with emerging markets. 1. South Africa’s mining production dropped by 18% from a year ago – a record decline. This report sent some analysts back to the drawing board, with growth projections downgraded again. h/t Jonathan 2. Romania and Poland remain in deflation. Will both see stabilization as energy prices move higher? Source: Investing.com

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