The dark side of data centres
Most technology users remain blissfully unaware of the internet’s carbon footprint because most “users” never have to come up close and personal with a data centre. Yet, for all the energy efficiency...
View ArticleBeware the Yieldco
Hedgeye’s Kevin Kaiser is an independent analyst on a lone crusade against the shoddy valuation of capital intensive corporations with limited earnings but with strong dividend payout track records....
View ArticleEuropean banks and oil price exposure
Fascinating what a few months of sub $90 per barrel oil prices can do to the dialogue about the respective merits of cheap energy. So, whilst three months ago it was all about “trillions in stimulus...
View ArticleWas the 2008 oil price an anomaly?
The parallels between the oil markets and bitcoin continue to astound. Over in the bitcoin universe, for example, questions over the legitimacy of the $1,200 level achieved in November 2013 have begun...
View ArticleUS shale revolution must force Davos energy rethink
This guest post is from the co-authors of UBS’s white paper for the WEF meeting 2015 in Davos, which started on Wednesday. Note that one of the co-authors, UBS Investment Bank’s chief economist Larry...
View ArticleBIS: There’s an the oil-debt-dealer nexus
FT Alphaville has written before about how the pronounced collapse in the price of oil appears very reminiscent of the disintegration in the value of a certain subprime financial asset; both have been...
View ArticleHello world. I’m the PetroEuro!
Back in November we meandered through the possible implications of there being no more petrodollars in the system (on account of US shale oil energy liberation). Since then, we’ve also been thinking...
View ArticleClik here to view.
When energy inventory snaps looks like this
Simply amazing exploding crude inventory charts from BNP Paribas: Continue reading: When energy inventory snaps looks like this
View ArticleKinder Morgan’s impossible equity/dividend situation
Kinder Morgan, the company which previously loved to distribute cash, is facing a bit of a dilemma.Continue reading: Kinder Morgan’s impossible equity/dividend situation
View ArticlePrivate equity’s mark-to-make-believe problem
Finance is the wrong business for people committed to the idea of objective truth. No asset is inherently worth anything, just some multiple of the income you think it will produce over time. Both the...
View Article
