Craig Pirrong

Affiliation: University of Houston

Dr Pirrong is Professor of Finance, and Energy Markets Director for the Global Energy Management Institute at the Bauer College of Business of the University of Houston. He was previously Watson Family Professor of Commodity and Financial Risk Management at Oklahoma State University, and a faculty member at the University of Michigan, the University of Chicago, and Washington University.

Professor Pirrong's research focuses on the organization of financial exchanges, derivatives clearing, competition between exchanges, commodity markets, derivatives market manipulation, the relation between market fundamentals and commodity price dynamics, and the implications of this relation for the pricing of commodity derivatives. He has published 30 articles in professional publications, is the author of three books, and has consulted widely, primarily on commodity and market manipulation-related issues.

He holds a Ph.D. in business economics from the University of Chicago.

Visit: Streetwise Professor




Craig Pirrong's Latest Articles | 159

Snow(den) Job

Jun 18, 2013| 

Snowden pulled a couple of stunts in the last couple of days. The first was to release a document describing British and US successes in hacking into the communications... Read »

Dark Pools Under Assault

Jun 9, 2013| 

Dark pools are under a regulatory and legislative assault, in Europe, Canada, and the US.  Scott Patterson wrote a long piece in the WSJ about FINRA’s scrutiny... Read »

If Senators Say Something “Stands to Reason” It Probably Doesn’t

Jun 2, 2013| 

A group of senators from western states, led by Diane Feinstein, have sent Gary Gensler a missive accusing the CFTC of violating the letter and spirit of Frankendodd... Read »

Tesla Motors (TSLA): Who Has the Squeeze Box?

May 29, 2013| 

The term “squeeze” is used rather imprecisely in financial markets.  To me, the term means an exercise of market power in a financial market, usually a derivatives... Read »

Mr. Market Continues to Push TSLA on Its Hyperbolic Path-Up

May 28, 2013| 

My main issue with Elon Musk and Tesla is government subsidies.  (An issue the WSJ shares, apparently. Though if commenter David Hoopes is right, they did not arrive... Read »

Tesla’s (TSLA) Wild Ride-At Your Expense

May 22, 2013| 

My main beef with Tesla Motors (NASDAQ:TSLA) is that it is a major beneficiary of government largesse masquerading as a free market success story.  The company... Read »

Tesla Motors (TSLA): Shorts Have Been Bloodied, But They’ll Be Back

May 12, 2013| 6

Electric vehicle manufacturer Tesla’s (TSLA) stock rocketed up last week after the company reported positive earnings and operating cash flow for the first quarter.... Read »

We’re from the Government and Here to Help You – Translation: RUN!

May 10, 2013| 

The Obama administration is planning on easing repayment terms for student loans: The White House proposes that the government forgive billions of dollars in student... Read »

Time and Space Advantages in Trading: Meat vs. Machines

May 2, 2013| 

The most recent controversy over HFT stems from this WSJ story about the CME. In a nutshell, computerized traders receive confirmations of their trades before information... Read »

Reinhart and Rogoff’s 90 Percent Fiscal Cliff: It’s Academic When You Count All the Liabilities

May 1, 2013| 

Krugman and others have been doing a victory dance, claiming that the Reinhart-Rogoff work on the relationship between debt and growth has been repudiated.  Hardly.... Read »

Next Page »

Our Partners:

SPY165.735  chart+1.295  chart +0.79%
GOOG900.62  chart+14.37  chart +1.62%
AAPL431.77  chart-0.23  chart -0.05%
TSLA103.39  chart+1.19  chart +1.16%
BBRY14.84  chart+0.54  chart +3.78%
NFLX228.83  chart-0.40  chart -0.17%
FB24.21  chart+0.188  chart +0.78%

DJIA Fut15315.00  chart+2.00  chart +0.01%
Nasdaq Fut2996.25  chart+2.75  chart +0.09%
S&P Fut1651.50  chart+13.50  chart +0.82%
Oil Fut98.50  chart+0.06  chart +0.06%
Gold Fut1368.10  chart+1.50  chart +0.11%

Nikkei13266.98  chart+259.7  chart +2.00%
Shanghai2159.291  chart+3.076  chart +0.14%
UK6374.21  chart+43.72  chart +0.69%
France3860.55  chart-3.11  chart -0.08%
Germany8229.51  chart+13.779  chart +0.17%