Author Archives: Danielle Park

Risk off sentiment contagious in highly levered markets

Bitcoin is flirting with $32,000 this morning– -48% from February’s 63,000 peak and still some 250% above year-ago levels as China steps up its pledge to crack down on both asset speculation and its CO2 emissions. Some 65% of global … Continue reading

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Jacobson: Biden ‘green’ plan is a start in the needed direction

Jacobson also explains in this segment why carbon capture and new nuclear are “horrible” ideas. President Biden announced his “green” economic stimulus as well as his goals for offshore wind. Stanford professor Mark Jacobson, the author of numerous studies on … Continue reading

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Sleeping dollar stirs

Yesterday, the US Fed acknowledged that financial conditions and inflation expectations had rebounded faster than they had predicted, and they now expect to increase their presently near-nil policy rates twice in 2023–a year and a half from now.  More imminent … Continue reading

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