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Daily Archives: June 13, 2014
Oil perma-bulls running wild again
Geopolitical tensions have been goosing up oil prices of late on top of what were already QE-juiced and HFT escalated levels. This has brought many of the usual oil perma-bulls into attention once more. A US client recently forwarded an … Continue reading
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Tom Friedman: climate change the great equalizer for humanity
Pulitzer Prize winning journalist and author Tom Friedman was on Charlie Rose last night talking about his new Showtime project examining climate change: “Years of Living Dangerously.” The sustainability of our biosphere is the great equalizer for the human race. … Continue reading
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The monstrosity of government-backed asset markets
Good discussion on how government-backing has contorted and disabled free market pricing of housing, debt and risk. Individual participants need to bear and price their own risk if the system is to be sustainable and stable. Josh Rosner, managing director … Continue reading
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