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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

In fact, 2018 may mark the first year shale producers will be able to fund future expansions of drilling programs through their own cash flow. Most major producers with large balance sheets will likely hedge their bets and attempt both. These increasingly efficient survivors now represent half of U.S.

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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

It is essential to move away from debt as the main engine of growth. " It could represent a hidden vulnerability, especially if backed by domestic currency cash flows derived from overextended sectors, such as property, or used for carry trades or other forms of speculative position-taking.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

The following guest post by Culpepper first appeared on Tumblr as How Chicago has used financial engineering to paper over its massive budget gap. How Chicago Used Financial Engineering to Paper Over its Massive Budget Gap Chicago made headlines at the end of February after Moody’s downgraded the city’s general obligation bond rating to Baa2.

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Stop Focusing on Profitability and Go for Growth

Harvard Business

The global financial crisis prompted many companies to pull in their horns, hoard cash, trim costs, and take a wary view of large investments. Bain & Company’s Macro Trends Group carefully analyzed the global balance sheet and found that the world is awash in money. times global GDP) to more than $600 trillion (9.5