Speculation responsible for high oil prices?
The short answer is no. However, before you stop reading here, our opinion matters less than some, even if we’re more right. US congress has assembled a panel of ‘experts’, […]
Trina Solar is cheap, really cheap.
Very cheap indeed, with earnings estimates between $3 and $4 for THIS year, it’s trading at a p/e less than 10. For a company which still enjoys triple digit earnings […]
The Adjustment Process to Global Inflation
In a previous entry we wrote about the paradoxes of the global inflation problem and how the US, in the worst economic condition to deal with it, shares most of […]
Fun and games: was Cruyff the best ever?
Pele, supposedly (not everybody agrees, we’re amongst them), is the greatest football player that ever lived. According to him, it’s titles that count. Now that the European Championships have finished, […]
Some intractable paradoxes of global inflation
Inflation is largely caused by the insatiable demand for energy and commodities in big, rapidly growing emerging economies. However, to cure the global inflation problem, adjustment is necessary in the […]
Honda versus Toyota; fuel cells versus electrical cars
While in bastion of capitalism, the US, speculators are blamed even in Congress for the high gasoline prices, the rest of the world is actually taking steps to remedy the […]
The world economy will slow down
Once again, stock markets prove to be good (perhaps even the best) discounting mechanisms we know, predicting the direction of economic circumstances to come. Almost everywhere they are crumbling, and […]
Update InterOil (IOC) 26/6
InterOil has taken a bit of a hit, from a high of 35.8 (if one doesn’t consider that one VERY big order at 41.62) to just above $30.40 Thursday at […]
Wallstreet descends from its cloud
Since it’s inception, this blog has vented the view that there seemed to be a dissociation between the real problems in the real economy, and the markets ignoring them. We […]
How the mighty have fallen
This little fact: General Motors (GM), the US car maker of which it was once said that if they sneezed, the American economy would have the flu, now is almost […]