Credit crisis, what credit crisis?
All around the world small exploration companies are being decimated on credit freeze and energy prices falling of a cliff. While the same has happened to InterOil (IOC) shares, it […]
OPEC cuts oil production but world demand is still rising
OPEC is playing a dangerous game with the world economy as falling energy prices were one of the few bright spots.
Has the housing market bottomed?
It doesn’t seem like it. It’s a nasty vicious cycle, worsening economy getting more house owners in trouble and a worsening housing market hits consumer spending, further worsening the economy […]
Why injecting Bank Capital is way more effective than buying toxic assets
This is a point not grasped by everyone. Not a reporter at Bloomberg, and even more surprisingly, not by Paul Kedrosky, who otherwise runs an excellent blog.
Greenspan’s about face on regulation
About time.. Not so long ago, he was a hero. Perception can change rapidly..
InterOil versus Merrill Lynch
From Bloomberg, basically confirming what we surmised before, with some observations and conclusions from us at the end. Let us state this clearly. We think the implications are monumental.
Commodities comeback depend largely on China
Where is that next bubble going to come from? As we have argued before, there is really only one candidate, in our view. Commodities. Jim Rogers, the motorbiking emerging market […]
There is only one solution..
Authorities have to re-activate the bubble cycle. They’ve made a promising start by lowering interest rates to 1.5%, they’re almost there…
Dr. Doom at it again
We had a couple of fairly optimistic comments and commentators yesterday, but dr. Doom, aka Nouriel Roubini, the one who predicted it all is not amongst them…
InterOil. Daily Distortions no.21
We have to get back to a series we ran a couple of months ago. With InterOil talking to several potential partners, the people who are short on this double […]