Five Misconceptions About Peak Oil
I recently attended the annual ASPO conference in Washington, D.C. This was only my 2nd ASPO conference; the other one I attended was in 2008 in Sacramento. There were many familiar faces, some of whom I had previously met and some I only knew by reput...
Are We Reaching “Limits to Growth”?
It looks to me as though 2012 is likely to be a truly awful financial year, with several crises converging:
Either very high oil prices or recession,
The US governmental debt limit crisis,
The Euro crisis,
The Chinese debt problem,
Debt deleveraging i...
DPS vs. EPS
Dividends or earnings? Where should equity investors put their hope if Europe slides into a recession?The former will likely outperform the latter, according to Morgan Stanley analyst Ronan Carr....
The translated Troika
11 October 2011 – Statement by the European Commission, the ECB and IMF on the Fifth Review Mission to GreeceStaff teams from the European Commission (EC), European Central Bank (ECB),...
Crunch de crédit
Credit:Crunch:Both charts from the ECB’s latest lending survey of banks. Clear signs, we’d argue, that funding pressures did spike over the third quarter, and critically,...
A US recession indicator
Interesting chart from Ruslan Bikbov at BofA Merrill Lynch.As you see the yield curve has proved to be a very powerful recession indicator. So why is Bikbov drawing our attention...
Her Majesty’s SME CLOs?
It’s like putting your foot on the accelerator but because the transmission mechanism isn’t working properly, the car wheels don’t respond.Actually George, that might be...
The European recession of 2011/12
Yup, it really has come to this. Rather than debating if there will be a recession in Europe, economists are now trying to figure what it will look like and how long it will last....
Recession and rate cuts: RBS call ‘em in Europe
Here it is in full, from Jacques Cailloux and team at RBS:Despite some early signs of a slightly firmer Q3 GDP (our GDP Tracker is at 0.2% q/q vs 0.1% q/q last month) on account...
Increasing Macroeconomic Fright
Title of the IMF’s World Economic Outlook, September 2010:Recovery, Risk & RebalancingThe title of the September 2011 edition (just out at pixel time)…Slowing Growth,...
Does junk predict a funk?
Or: do wide high yield spreads over US Treasuries predict a recession?We ask because this is an interpretation we’ve seen a fair bit in the media over the last few weeks....
