Economy
The Illusion of Deleveraging A Debt Lesson Not Learned
In large part, the negative impact of the Great Recession on the world's economy was amplified by high debt levels among all levels of government ……Read More
Business
Economy
Oil Prices Changing The Face Of Global Geopolitics
In a documentary that aired recently on the Canadian Broadcasting Corporation’s popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily ……Read More
Economy
Crushing The U.S. Energy Export Dream
Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting gas is dumb. Exporting oil ……Read More
Economy
Oil Price Collapse Hurting Some More Than Others
U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending ……Read More
Markets
Stock Market Headwinds
In a recent posting, I looked at how demographic changes in the United States would have a long-term impact on housing prices. As baby boomers ……Read More
Markets
Switzerland National Bank’s Negative Interest Rates A Desperate Measure
Switzerland National Bank's (SNB) recent announcement that they were allowing the value of the Swiss franc to float upwards against the euro, discontinuing the ceiling exchange ……Read More