Boomers as the largest demographic “generation” in America. Of course, the divisions are arbitrary; this milestone is courtesy of the Pew Research Center, which anticipates the total of Millennials (as they define it, born between 1981 and 1996) reaching 73 million this year, and the total of Boomers (born between Read more…
Last week we mentioned the “election” of a new President of the European Commission (EC), Ursula von der Leyen. We say “election” in quotation marks to remind readers that the European Commission, the primary legislative organ of the European Union, is not comprised of popularly elected members. Von der Leyen Read more…
The U.S. The U.S. market got a modest boost from the announcement of a trade truce with China, in which China agreed to boost some U.S. agricultural imports, and the U.S. suspended a tariff hike on $250 billion worth of Chinese imports. According to the announcement, the initial deal will Read more…
U.S. Secretary of Commerce Wilbur Ross recently took a trip to Australia to help strengthen commercial ties between the two close allies. One of the key points of his visit was to lay the groundwork for discussions of a “U.S.-Australia Critical Minerals Action Plan” that will be finalized in November. Read more…
Electric power generation in the United States is a highly regulated industry, and has been since the 1920s and 1930s. The primary Federal entity regulating the production and transmission of electricity is FERC, the Federal Energy Regulatory Commission, but FERC’s regulation is high-level. The nitty gritty of pricing regulation that Read more…
The U.S. The U.S. earnings season will shortly be getting underway. We suspect that as usual, companies have telegraphed enough realism to get analysts’ estimates into reachable or beatable territory. Of course, Mr Market will not just be watching EPS numbers, but looking at margins and watching for forward guidance Read more…
One of the characteristics of liquid hydrocarbons that made them technologically revolutionary was their energy density and storage stability. Eight gallons of gasoline occupy about a cubic foot of space, can be stored under normal ambient pressure and temperature, and when combusted can propel a typical passenger vehicle about 300 Read more…
Recession fears have been on the rise in the U.S., and here’s one way to quantify that trend. Below is a chart showing Google News search trends for the topic of “recession.” On a 1-to-100 scale, it hit its peak in early January, 2008, just after the Great Recession had Read more…
The U.S. Poor manufacturing data from the Institute of Supply Management (ISM) sent markets down last Monday morning — or at least, that was the excuse for October market pessimism, in a month which is historically the year’s most volatile. We agree with the analysts — especially the inestimable Tony Read more…
Two years ago, we wrote a small primer about quantum computing. Recently, a paper was leaked describing a quantum computing breakthrough by Alphabet [NASDAQ: GOOG] — prompting a flurry of media stories about what this development might mean. We reprint our description to help you understand what quantum computing is Read more…
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