Recommended Reading: June 9, 2008

"The market is widely referred to as a discounting mechanism," says GPS Capital Research. "However, its ability to discount anything extends only as far as the collective knowledge of its participants. And to be blunt, the vast majority of today’s investors— professional or otherwise— know little if anything about making money in the market." Why…

Recommended Reading: May 20, 2008

We’re running out of brands! Brand names are becoming more and more like real estate, says The Los Angeles Times. Billionaire investor George Soros has given his gloomiest assessment of the state of the US and world economies. The fact that Russia’s oil production declined almost half a percentage point in April, the first drop…

Recommended Reading: May 19, 2008

Barclays Wealth has advised clients to jump back into stock markets across the world, believing the danger of a severe downturn has receded after the dramatic rescue moves by central banks. Barack Obama’s success shows that the ceiling has risen for African-Americans. But many are still too close to the floor. Help! We’re Running Out…

Recommended Reading: May 15, 2008

Why high oil prices are not squeezing us more: The “energy intensity” of growth – the amount of oil, coal and gas needed to produce an increase in gross domestic product – has halved since the 1970s, reflecting greater energy efficiency and the shift away from heavy manufacturing. If you have four and a half…

Recommended Reading: May 9, 2008

Links to interesting articles for thepanelist.net readers… Poverty and a billion starving people in Africa? Whisked away like dust. Overpopulation and water shortages? Waft, waft. Global warming and climate change? A little brush and they’re gone. Jeffrey Sachs explains how to save the world. The Earth’s temperature may stay roughly the same for a decade,…

Recommended Reading: May 8, 2007

Links to must-read articles for thepanelist.net readers. Enjoy! Going green doesn’t have to be as complicated as it sounds: 50 ways to help the planet. The Rockefellers want ExxonMobil to think again on green issues but increasingly oil giants look to government for leadership. Polluted, poisonous and immune to popular efforts to enforce a clean-up:…

Recommended Reading: May 6, 2008

The bad news is that as markets stabilize, chances for fundamental financial reform may be slipping away. As a result, the next crisis will probably be worse than this one, says Paul Krugman at The New York Times. Graphic: An Average Consumer’s Spending. We are not as powerful as we used to be because over…

Recommended Reading: May 5, 2008

This is one of the best pieces of financial journalism you’re ever going to read. The next bubble: Priming the markets for tomorrow’s big crash, published by Harpers Magazine. According to George Will: "The future has a way of arriving unannounced". That was before equity analysts, says Satyajit Das. Tiger economies are snapping at U.S.…

Recommended Reading: May 1, 2008

It’s a myth that the world’s oil is running out, says Irwin Stelzer at The London Times. Hillary Clinton has decided to line up with John McCain in pushing to suspend the federal excise tax on gasoline, 18.4 cents a gallon, for this summer’s travel season. This is not an energy policy, says Thomas Friedman…

Recommended Reading: April 30, 2008

What excessive pay package? CEO compensation gone wild… The notion that two consecutive quarters of negative growth spell the descent into economic recession is a big myth, says Gerard Barker at The London Times. Only 18% of the world’s population have access to a free press according to Freedom House, an American think-tank. Climate change…

Recommended Reading: April 29, 2008

How to win the war on global warming, according to Time Magazine. An excellent list of statistics: What’s happening in the world right now? Energy experts have dismissed the presidential candidates’ plans for lowering gas prices, and say it’ll be a decade before we can exert downward pressure on the price of gas. Come on…

Recommended Reading: April 24, 2008

European and Japanese leaders at their annual summit in Tokyo have called for "ambitious and binding" targets for cutting greenhouse gas emissions. At a time when the world’s top climate experts agree that carbon emissions must be rapidly reduced to hold down global warming, Italy’s major electricity producer, Enel, is converting its massive power plant…

Recommended Reading: April 23, 2008

Oil prices rose above $116 a barrel last week, setting another record for the world’s most indispensable energy commodity. What was striking about this latest milestone was what didn’t happen: there was no shortage of oil, no sudden embargo, no exporter turning off its spigot. The subprime mortgage crisis in technicolor. An innovative website using…

Recommended Reading: April 22, 2008

If you have 30 minutes to spare, watch Al Gore’s brand-new slideshow. He presents evidence that the pace of climate change may be even worse than scientists were recently predicting, and challenges us to act with a sense of "generational mission" – the kind of feeling that brought forth the civil rights movement – to…

Recommended Reading: April 21, 2008

What happens when one of the world’s largest banks reports a multi-billion dollar loss? The stock shoots up, of course. The "Citi applause was premature," says Antony Currie at BreakingViews.com. Click here to read another brilliant piece written by Anatole Kaletsky at The London Times. "There is, however, another apparent consequence of the credit crunch…