Monthly Archives: September 2016

Revelations, negative revisions and write-downs are mounting in a broad range of firms that have been depending on financialization and accounting maneuvers to keep ‘beating’ targets over the past few years. The names may be different but the behaviors and … Continue reading →

As Apple announced the ability to play Pokemon Go on Apple watches, in Ontario, provincial police declared the recent Labour Day weekend the deadliest in 20 years thanks to distracted drivers. Distracted is the new reckless endangerment. Autonomous cars will … Continue reading →

Amid perennial hopes that an output freeze might boost prices in time to rescue over-levered producers and their investors/speculators, the reality is that with so many countries desperate for cash, output agreements are hard to reach.  Even where they are, … Continue reading →