Category Archives: Investment outlook

Jim Chanos: China’s “Leveraged Prosperity” Model is Doomed. And That’s Not the Worst

Famed short-seller Jim Chanos is more concerned with political fallout from China’s Evergrande than economic/financial woes.

Can China’s Outsized Real Estate Sector Amplify a Delta-Induced Slowdown?

Whether by accident or design, the implosion of China’s Evergrande will take some air out of its inflated real estate sector. What then?

Behold the Watered Stock’s New Variant!

Back to the future! Welcome to the successor to a 19th century favorite, watered stock.

The Most Monstrously Overstimulated Economy & Markets Ever

The Fed will trim back its stimulus, but it’s already pumped up markets and the unwind will be too little and too slow.

The Oil & Gas Inflation Trap That No One Wants To Talk About

So much for concerns about climate change. The Biden Administration is doing what it can to lower oil and gas prices.

Why Elon Musk Isn’t Superman

Why Elon Musk, despite having built significant operating companies, is still mainly in the bezzle business.

This Reddit Lament Sums Up Wonderfully What Lots of Home Buyers Will Grapple with as Housing Market “Normalizes” and Work from Home Fizzles

As Covid-exodus home purchases peters out, over-eager buyers are waking up with hangovers.

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Seven: Despite Staggering Losses, the Uber Propaganda Train Keeps Rolling

How Uber keeps pumping hot air into a financially flaccid business.

China’s Industrial Slowdown Could Kill The Commodity Rally

Many commentators have fixated on levitating US securities markets, ignoring softening growth in Asia that is now hitting commodity prices

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Five: Didi’s IPO Illustrates Why Uber’s Business Model Was Always Hopeless

Didi has a more commanding position than Uber in a fundamentally more attractive market, yet has been hemmorrhaging money.

Quelle Surprise! New Study Confirms that Public Pension Funds Use Flattering Benchmarks to Hide Failure to Beat Simple Indexing; CalPERS Is a Case Study

Documenting yet another way public pensions funds lie to themselves and their many constituencies about their performance.

The U.S. Shale Revolution Has Surrendered to Reality

The funding for shale production in the US has dried up as moneybags finally realize that there’s no profit to be had.

The Conflict Within OPEC Is Far From Over

Another byproduct of inflation generally and rising gas prices in particular is more eyes on OPEC.

Buyers’ Strike? Mortgage Applications Drop 8% Below 2019, as Home Buyers Get Second Thoughts about “Raging Mania”

Falling mortgage applications and rising home inventories signal a coming housing market pullback.

Decade Of Chaos Could Send Oil To $130 Per Barrel

Oil mavens are stymied at guessing what the commodity’s price trajectory might be.