Cheap oil forever? Not so fast.

Cheap oil forever? Not so fast.

Originally published at CNBC | February 23, 2016 Oil prices have been a source of great concern for capital markets, yet should we be worried? After all, the imbalances between supply and demand are neither extreme nor persistent plus market forces should start to move the market closer to equilibrium by mid-2016. That ought to provide… Continue Reading

Copycat Capitalists

Copycat Capitalists

Given the West’s anemic growth performance in recent years, it is hardly surprising that envy of China’s economic dynamism has manifested itself in official policy. But Western countries are shifting to statism at the very moment that China is heading in the opposite direction. Continue Reading