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Optimism

12 02, 2020

The Fossil Fuel Industry Will Probably Collapse This Decade

By |2021-01-15T19:36:28+00:00February 12th, 2020|Economics, Investing|0 Comments

It's 2020! We're officially living in the future! And if retro sci-fi stories are any guide, that means abundant, clean, cheap energy for everyone. In 1954 the chairman of the US Atomic Energy Commission declared to great fanfare that the nuclear age would bring with it "electrical energy too cheap [...]

28 01, 2019

Is Economic Growth Speeding Up or Slowing Down?

By |2020-04-27T17:18:57+00:00January 28th, 2019|Economics|Comments Off on Is Economic Growth Speeding Up or Slowing Down?

Despite a rough year on the markets and increasing concern about the effects of an ongoing trade war, 2018 was yet another good year for the US economy, with GDP up an estimated 3.1% for the year. But can the good times keep up or is this just a positive [...]

3 01, 2018

Everything Keeps Getting Better: 2018 Edition

By |2020-04-27T17:19:29+00:00January 3rd, 2018|Economics|Comments Off on Everything Keeps Getting Better: 2018 Edition

Do you ever get the feeling that the only news they report is bad news? Well if you've ever wondered why that is, there is someone you can blame for the media's persistently negative outlook: yourself. It seems the media mostly just gives us what we want, or at least [...]

5 12, 2017

Where’d All the Risk Go?

By |2020-04-27T17:19:29+00:00December 5th, 2017|Economics, Investing|Comments Off on Where’d All the Risk Go?

America is more divided now than ever, a hostile foreign power is openly threatening us with nuclear weapons, and we don't even know what next year's tax rates will be. In this era of acrimony and uncertainty, surely the market must be a roller coaster ride of volatility and risk [...]

26 04, 2017

A Permanent Bear Market in Fossil Fuels?

By |2020-04-27T17:19:30+00:00April 26th, 2017|Economics, Investing|Comments Off on A Permanent Bear Market in Fossil Fuels?

In my last post I wrote about how the financial industry, led in particular by asset manager BlackRock, may begin putting pressure on the private sector to reduce carbon emissions and otherwise adopt more environmentally friendly practices, for entirely self-interested, profit-motivated reasons. Since then, I've been thinking a lot about [...]

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