In April this year, local US media reported that the Kentucky Coal Museum is opting for solar power usage, in what may go down as an ironic and perhaps iconic twist in the history of fossil fuels and the global energy industry. 80 or so solar panels are to be installed, with the expectation of … Continue reading Time to bet against coal?
Month: Jun 2017
Playing the ECB’s potential tapering?
To understand the game of the financial markets, we need to understand the game masters The game masters are the central banks, as they directly influence the costs of credit in the financial and real economy, influencing the business cycles The ECB will gradually move to wind down its stimulus programme, but has to maintain … Continue reading Playing the ECB’s potential tapering?