SITREP for March 31, 2023

Welcome to the SITREP for March 31, 2023

We’re on a mini-vacation in Europe this week, so it’s a Dragnet edition today: just the facts!

By the way, if you haven’t signed up for the CrisisDojo waitlist, you’re already missing out. 

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Let’s get on to the numbers.

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If this is your first time receiving this email, greetings! These SITREPS (situation reports) contain updates on critical events and essential metrics for you to use in your decision-making. There’s a guide here and a detailed white paper about the small data approach to risk assessment here.

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Key Metrics

90-Day Relative Values

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21-Day Trends

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Oil (Brent Crude)

Brent Crude is low for this 90-day interval. Prices decreased moderately over the last 21 days after significant fluctuation.

Iron and Steel

Iron and Steel are mid-range for this 90-day interval. Prices ended relatively flat over the last 21 days after slight fluctuation.

Market Volatility

Market Volatility (VIX) is very low for this 90-day interval. The index decreased sharply over the last 21 days after moderate fluctuation.

Wheat

Wheat is low for this 90-day interval. Prices increased moderately over the last 21 days after moderate fluctuation.

Shipping (FBX)

Shipping (FBX) is very low for this 90-day interval. Prices decreased moderately over the last 21 days after significant fluctuation.

Election Watch

  • 2 April: Finland, Parliament

  • 30 April: Paraguay, President, Senate and Chamber of Deputies

Palate Cleanser

We went to see the Vermeer exhibition here in Amsterdam. The pictures are amazing, but a lot of the time, what you see is this. You can see why kids hate museums and galleries… 

Photo Nick Dupree

Disclaimer

These SITREPS are provided for informational and educational purposes only. Comments or observations are my own and do not reflect the opinions of any firms I am associated with.  The sources from which the metrics are derived are obtained from sources believed to be accurate and reliable, however due to the possibility of human and mechanical error or other factors, Andrew Sheves / Tarjuman LLC is not responsible for any errors or omissions.