Economy
The Long Decline in Per Capita GDP Growth
While economic growth in the United States is looking fairly robust as shown on this graph: …in fact, if we look at GDP corrected ……Read More
Business
Markets
Increasing Demand For Refined Products Will Increase Oil Prices
In last week’s article I posted a chart from the International Energy Agency’srecent Oil Market Report that shows global demand for refined products catching up ……Read More
Markets
Negative Interest Rates A New Reality Coming Soon to a Federal Reserve Near You?
The very concept of negative interest rates seems counterintuitive. After all, why would you pay someone to hold your money for you? It intrinsically seems ……Read More
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
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