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Entries from November 2008

Solars still interesting

November 27th, 2008 · Comments Off on Solars still interesting

We previously showed how France has taken the alternative energy (especially solar) bull by the horns, other markets are following, like the US and Italy. Prices in solar companies are still close to rock bottom, but they won’t remain for long we think. Now is the time to take advantage. There will be some rough […]

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Tags: Solar sector · TSL

Sensible policy by Trina Solar (TSL) ensures survival

November 19th, 2008 · Comments Off on Sensible policy by Trina Solar (TSL) ensures survival

They just announced third quarer results, which were stellar, but guided downwards for the rest of the year and 2009. But the policy they are following as a result is to invest only their free cashflow into new capacity, and that seems to us to all but guarantee their survival. The current stock price doesn’t […]

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Tags: TSL

Bravo to France!

November 18th, 2008 · 1 Comment

The new alternative energy initiatives in France are absolutely massive. Bravo to France, and considering this is actually the one market where alternative energy makes less sense, due to the large installed base of nuclear energy (80% of electricity generation!) it’s even more phenomenal. So if France can commit to alternative energy, so can others. […]

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Tags: Alternative energy · Solar sector

Phill Gramm still doesn’t get it, at all..

November 17th, 2008 · Comments Off on Phill Gramm still doesn’t get it, at all..

Guess who wrote this: “I don’t see why conservatives ought to defend a system that permits securitizing mortgages (or car loans) in a way that seems to make the lenders almost unaccountable for the risk while spreading it, toxically, everywhere else. I don’t see why a commitment to free markets requires permitting banks or bank-like […]

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Tags: Credit Crisis · Opinion

Detroit Bailout?

November 15th, 2008 · Comments Off on Detroit Bailout?

We’re not in favour, we think that a Chapter 11 reorganization would be much better, but we recognize that no solution is perfect. Big retrenchment is unavoidable anyway

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Tags: Car Market

Pickens plan mark II

November 15th, 2008 · Comments Off on Pickens plan mark II

We wrote about the Pickens plan before, it’s a bridging plan to wean the US off (foreign) oil by using wind energy for electricity production and natural gas for driving vehicles. Just as Boone’s investments, it has hit some snags, but that’s not stopping the 80 year old billionaire.. Oil billionaire revises plan to reduce […]

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Tags: Natural Gas

Laffer Curves Not Seductive

November 14th, 2008 · Comments Off on Laffer Curves Not Seductive

When you’re name is attached to an idea, it’s hard to change track. In fact, the incentives are such (especially if you have no other interesting idea anymore) to get as much milage out of it as possible. This is what Arthur Laffer does, yes, the one from that curve on a napkin that was […]

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Tags: Opinion

Paulson backtracks, rather embarrassingly

November 12th, 2008 · Comments Off on Paulson backtracks, rather embarrassingly

Sometimes Wall Street really doesn’t get it. Numerous economist (us included) have argued numerous times from the sidelines that the original Paulson plan was bad. We have aslo argued that Gordon Brown’s plan was much better. Finally, Paulson gives in, but the market sees this as a sign to sell..

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Tags: Credit Crisis

Raymond James update on InterOil Nov.12 2008

November 12th, 2008 · 12 Comments

Here it is, highlights are from us.

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Tags: Research Reports

China’s big economic stimulus package

November 9th, 2008 · Comments Off on China’s big economic stimulus package

Just as we wrote that ultimately, the limits of monetary policy in a deflationary environment can be overcome with the help of a great public spending boost (guaranteeing that the newly created money will actually be spend and result in the purchase, and hence production of goods and services), out comes China, although not monetary […]

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Tags: Credit Crisis · Emerging Markets