Latest posts

Elizabeth Warren Spoke Out Against ISDS

US Senator Elizabeth Warren, advocate and luminary against banking and other monied interests’ influence in politics, spoke out against Investor-State Dispute Settlement of the TPP.

Canada Sued For $568 Million Under NAFTA Over A Wind Farm That Ontario Cancelled

Ontario, Canada’s largest province, sued for $568 million under NAFTA ISDS over cancellation of wind farm.

Increasingly Addled

Regular musings from legendary Bond King Bill Gross is always entertaining and insightful, entertaining in that he is good at drawing his life experiences as lead-ins and analogies to the financial subjects at hand. This latest Outlook is no different …

February 14, 2016
Finance & Economy

Deflation, Debt & the Monetary Reset

A confluence of driving forces nudges the global monetary system toward a reset, with deflation leading the charge.

February 13, 2016
In-depth topic: Monetary reset, Peak debt
Finance & Economy

Will Deutsche Bank Be Saved From Collapse?

Deutsche Bank shares tanking over 10% today (more than 30% since last Dec alone) is evidence that the market has finally awakened to the smell of the roses. DB, probably the most reckless too-big-to-fail bank for those who have not noticed, is merely a …

February 8, 2016
In-depth topic: Monetary reset
Finance & Economy

Morocco poised to become a solar superpower with launch of desert mega-project

Morocco has switched on phase 1 of its 3-phase mega solar project. When all 3 phases complete in 2018, the farm will be the size of the country’s capital city and will be the world’s largest concentrated solar power plant. The plant will initially prov …

February 6, 2016
In-depth topic: Renewable energy
Misc

CCC-Rated Junk-Bond Yields hit 20%, Blow Past Lehman Moment, Consensual Hallucination Wanes

Junk bond yields hit 20%,  as high as 2008 just after Lehman Brothers filed for bankruptcy, plunging the world into a global financial crisis.

February 4, 2016
In-depth topic: Tight oil Shale gas
Energy

Yield Spread Spikes Signal Storm Over Horizon

The yield spread between junk bonds and Treasuries is screaming major tremors beneath the surface and a preview of where the stock market might be heading.

January 29, 2016
Finance & Economy

Tight Oil’s First Domino Reloaded: Bank Exposures

As tight oil and gas companies kick the bucket, the contagion begins to spread to the banks with significant loan exposures to the energy sector.

January 24, 2016
In-depth topic: Tight oil Shale gas
Energy

Energy Creditors Lucky To Recover 15 Cents On The Dollar In Bankruptcy

42 tight oil and gas bankruptcies in 2015 with $17.2 billion debts. Recoveries average 15 cents on the dollar for secured and unsecured creditors.

January 24, 2016
In-depth topic: Tight oil Shale gas
Energy