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Monthly Archives: June 2020
The probability of the next market crash has risen sharply
As house-bound gamblers have turned their free time to financial markets over the last couple of months, stock and junk debt markets have rebounded sharply and attracted new believers daily. See WSJ: Stuck at home with few entertainment options, more … Continue reading
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OECD: second virus wave or not, huge economic cost will persist
By now everyone knows that the COVID-19 pandemic is a global health crisis that has triggered the most severe economic recession in nearly a century. The uncertainty is about what comes next and how wide and lasting the impacts will … Continue reading
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Reducing energy consumption and cost is ‘stimulus’ needed
As taxpayers are pledged to pay for trillions in ‘stimulus’ spending, it is important to note that the transition to 100% renewable energy is not only possible and necessary for health on earth but also offers the added bonus of … Continue reading
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