Investors are assuming the “Great Moderation” remains intact. But the tectonic plates are shifting – and bode ill for long-term returns. On 7 February, Jerome Powell, the Chairman of the Federal Reserve’s Board of Governors, summarised the challenge confronting central bankers … [Read more...] about Farewell low “inflation” and interest rates?
Archives for February 2023
“Global Energy Transition” – Fact or Fiction?
Most believe that it’s a fact, but they’re ignoring or denying data. An examination of these data demonstrates that it’s mostly fiction. “Energy transition,” said S&P Global in 2020, “refers to the global energy sector’s shift from fossil-based systems of energy production … [Read more...] about “Global Energy Transition” – Fact or Fiction?