Daily Archives: June 29, 2017

Canadian taxpayers to be left with Oil Sands clean up bill?

Lawsuits coming will follow the money and go after not just the oil companies (who may well go bust and thwart collection) but also those who siphoned out profits while leaving all the cost for the public. Other obvious targets … Continue reading

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Breathtaking leverage: the portrait of unprecedented risk

Worthwhile piece from Lance Roberts today, see: Yes, Ms. Yellen…There will be another financial crisis,.  He includes this breathtaking chart of the total system leverage/borrowing of US corporations, households, banks and investment margin accounts since 1959.  Spot the point where … Continue reading

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Sri-Kumar: IMF overly optimistic on global growth, Fed stuck

For some reason Bloomberg only posted a 2:23 minute clip of Komal Sri-Kumar’s appearance on Surveillance yesterday morning.  Here is a direct link to it. However the preceding insightful discussion can be watched by advancing the play bar below to … Continue reading

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The faulty narratives driving asset markets

An estimated 75%+ of global market transactions are now driven by algo-wielding computers rather than humans. Moving at lightening speed, buy and sell orders trigger on data flow and headlines ‘fake’ and not. The prevailing thesis held by many, is … Continue reading

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