Category Archives: Main Page

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 →

All the financial hubris, reckless leverage/derivatives and European trade imbalances of the past decade are reflected in the chart of Germany’s late great Deutsche Bank.  From $125 in May 2007, the stock lost 85% of its value to bounce at … Continue reading →