The press is finally becoming skeptical of private equity’s claims that it generates superior returns, demonstrated by a Monday Wall Street Journal story, Private-Equity Cash Piles Up as Takeover Targets Get Pricier1 and a Bloomberg article yesterday, ‘Peak’ Private-Equity Fears Are Spreading Across Pension World. This follows a Mark Hulbert piece in MarketWatch, whose title […]
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Friday, January 2, 2026
Private Equity’s Uninvested “Dry Powder” and Falling Returns Reflect a Bigger Problem: The End of a Long Term Disinflationary Tail Wind
Topics: CalPERS, Dubious statistics, Investment management, Investment outlook, Private equity
Posted by Yves Smith at 6:54 am | 20 Comments »
An Introduction to the State of Energy Storage in the U.S.
A look at energy storage options in connection with wind and solar power is not entirely reassuring.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 5:14 am | 80 Comments »
Hubert Horan Discusses Uber on Harry Shearer’s Le Show
Hubert Horan eviscerates what passes for the Uber business model on Harry Shearer’s Le Show.
Topics: Ridiculously obvious scams, Technology and innovation, Uber
Posted by Yves Smith at 1:16 am | 17 Comments »
2:00PM Water Cooler 12/2/2019
Today’s Water Cooler: Biden, Bloomberg, Bullock, Buttigieg, Sanders, Trump, Warren, impeachment, faithless electors, Obama legacy, manufacturing, construction, Maersk, Target and Walmart, Gulf of Maine, GMOs, banks and climate, health care horror stories, kodokushi, K-Pop, Virginia Woolf
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 108 Comments »
Waste Watch: Fashion Rental Services Expand, NYC Tackles Commercial Textile Waste
More retailers join the clothing rental party, but that won’t seriously dent the environmental impact of the fashion industry.
Topics: Doomsday scenarios, Environment, Globalization, Guest Post
Posted by Jerri-Lynn Scofield at 11:15 am | 15 Comments »
Links 12/2/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 239 Comments »
Decrying ‘Utterly Inadequate’ Efforts to Tackle Climate Crisis, UN Chief Declares ‘Our War Against Nature Must Stop’
Climate change: “The point of no return is no longer over the horizon,” António Guterres warned ahead of COP 25. “It is in sight and hurtling toward us.”
Topics: Dubious statistics, Environment, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 5:00 am | 21 Comments »
What This Election Proves Is the Need for Epoch Making Change
The upcoming UK election will usher in major change. But will it be change that benefits ordinary people?
Topics: Brexit, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Politics, Social policy, UK
Posted by Yves Smith at 3:28 am | 38 Comments »
America’s War Exceptionalism Is Killing the Planet
War is America’s new normal, and it’s deadly.
Topics: Banana republic, Doomsday scenarios, Environment, Global warming, Guest Post, Income disparity, Politics
Posted by Yves Smith at 12:52 am | 30 Comments »
AOC Schools Mayor Pete on Why Means Testing Free College Is Such a Bad Idea
AOC rebukes Pete Buttigieg on his plan to means test expanded funding for college tuition.
Topics: Banana republic, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 1:25 pm | 71 Comments »
Links 12/1/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 209 Comments »
Oil and Gas Industry Rebukes Fracking Ban Talk as UN Shows Just How Much Fossil Fuel Plans Are Screwing Climate Limits
American Petroleum Institute steps up lobbying efforts to thwart a fracking ban, notwithstanding the climate crisis.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 6:25 am | 15 Comments »
Links 11/30/19
Topics: Links
Posted by Yves Smith at 6:55 am | 255 Comments »
What’s Behind the Subprime Consumer Loan Implosion?
Subprime loan repayment continues to deteriorate. What is going on?
Topics: Banking industry, Credit cards, Credit markets, Economic fundamentals, Guest Post, Income disparity, Student loans, The destruction of the middle class
Posted by Yves Smith at 5:15 am | 100 Comments »
Neoliberalism and Climate Change
How economists have contributed to climate change inaction.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, The dismal science
Posted by Yves Smith at 4:42 am | 36 Comments »



