Vertical Integration Defies the Global Construction Slump
Steel prices are falling. Interest rates remain sticky. Yet, the vertical transport sector is climbing. Most investors view elevator companies…
Steel prices are falling. Interest rates remain sticky. Yet, the vertical transport sector is climbing. Most investors view elevator companies…
The Arbitrage of the Electric Mile Gasoline prices are surging. The four dollar mark has been breached. For internal combustion…
The Algorithmic Efficiency Trap Morgan Stanley is floating a trial balloon. Seth Carpenter, the firm’s Global Chief Economist, recently posed…
The Mirage of Sustainable ManagementThe ocean is a balance sheet. It is currently in the red. Today marks World Tuna…
The Crude Illusion of Global Resilience Markets are currently defying the laws of physics. Brent crude prices remain suspiciously anchored…
The math of accumulation is brokenBill Perkins knows it. The markets are starting to realize it. For decades, the financial…
The ghost of the Volcker eraThe Eccles Building is quiet. The dissent is not. Kevin Warsh stepped into the Chairmanship…
The Lull Before the StormCopper prices are lying. The current stability on the London Metal Exchange is a mask. On…
The Capital Expenditure Trap Cash is no longer cheap. Corporations are spending it anyway. Morgan Stanley suggests that capital expenditure…
The wait is over. The surveillance begins.In May 2020, ING Economics speculated that central bank digital currencies (CBDCs) were closer…