05-31-2014, 02:09 AM
The country’s embrace of natural gas means less love for wind and solar. New investments in renewable energy sources declined 5 percent in North America last year to $56 billion, the lowest since 2010, according to Bloomberg New Energy Finance. By comparison, North American oil and gas companies spent $168.2 billion on exploration and production last year, more than double 2009, data compiled by Bloomberg show.
Fracking Sucks Money From Wind While China Eclipses U.S. - Bloomberg
The ratio of people at risk of poverty or social exclusion in the EU increased by 0.5 percentage points in 2012 to 24.8% or 124.2 million people, according to figures updated this week. The risk increased most in bailed-out nations Greece and Cyprus, where the rate rose by 3.6 and 2.5 percentage points, respectively. The Netherlands had the lowest risk at 15%.
A Quarter Of Europeans Are At Risk Of Poverty | Zero Hedge
Unlike the United States, which relied largely on its central bank’s efforts to cushion the crisis and foster recovery, China deployed a CN¥4 trillion fiscal stimulus (about 12% of its 2008 GDP) to jump-start its sagging economy in the depths of the crisis. Whereas the US fiscal stimulus of $787 billion (5.5% of its 2009 GDP) gained limited traction, at best, on the real economy, the Chinese effort produced an immediate and sharp increase in “shovel-ready” infrastructure projects that boosted the fixed-investment share of GDP from 44% in 2008 to 47% in 2009. To be sure, China also eased monetary policy. But such efforts fell well short of those of the Fed, with no zero-interest-rate or quantitative-easing gambits – only standard reductions in policy rates (five cuts in late 2008) and reserve requirements (four adjustments).
Stephen Roach Warns "The US Is Trapped In Perils Of Linear Thinking" | Zero Hedge
Accords with the World Bank, Repsol SA and now the Paris Club have put Argentina on the cusp of returning to international bond markets. The country has left the toughest deal for last.
Argentina Leaves Singer for Last Prepping Bond Market Return - Bloomberg
Although typically the old adage "sell in May and go away" until the U.K.'s St Leger horseracing festival in mid-September, those opting at the start of the month to stay on the sidelines will be kicking themselves.
Sell in May and...miss out on the rally
Nine companies in the Standard & Poor's 500, including home security firm ADT, biotech Gilead Sciences and financial software company Intuit, saw their cash piles grow by 10% in the first calendar quarter while generating astounding free cash flow margins, according to a USA TODAY analysis of data from S&P Capital IQ.
These 9 companies are cranking out piles of cash
The idea behind Hedged Convexity Capture is to benefit from the path dependent negative convexity that has been widely observed in leveraged ETP products in an efficient risk/reward structure which dramatically lowers the potentially ruinous drawdowns of shorting leveraged inverse ETP products. The idea behind Structural Arbitrage is that profits are possible by acting as a synthetic insurance company which sells expensive insurance in the volatility market, then synthetically reinsures that market risk with long duration government bonds.
Make 70% A Year With Math - SPDR S&P 500 Trust ETF (NYSEARCA:SPY) | Seeking Alpha
It's been about six months since the Food and Drug Administration approved an $84,000 breakthrough drug to treat hepatitis C. One record-breaking sales quarter later for Gilead Sciences' Sovaldi, and the health-care industry isn't any much closer to figuring out how to deal with the drug's hefty price tag as it warns of a larger problem ahead.