In the next several blogs we’ll take a closer look behind the consequences of the 2026 Iran War, and the economic fallout that is taking place that does not make headlines. The first volume is a broad look at the course of events that brought us where we are today. Scope: The war began with […]
THE SUPPLY CHAIN IMPACT FROM THE IRAN WAR, VOL 1 Read More »
The Persian Gulf is bordered on both sides by countries that export about 25% of the worlds crude oil and 20% of the world’s liquified natural gas (LNG). What’s more, the two sides don’t always get along with each other: Iran is about 95% Shia Muslim and the Arabian countries (except for Bahrain and Iraq)
ISSUES PERTAINING TO THE STRAIT OF HORMUZ Read More »
The Enron scandal in 2001 became the largest corporate bankruptcy in U.S. history. It featured a loophole in the accounting principles that allowed corporations to maintain entities off their consolidated books as long as the parent company owned less than 50% of the entity and the entity was adequately capitalized. A clever but crooked financial
In 1829 a wagon train led by the Spanish merchant Antonio Armijo was traveling to Los Angeles to establish a trade route and took a rest break in what is now Southern Nevada. Since that time a regular stream of growth began in the area, slow at first, but then increasing to the point where
THE GROWTH OF LAS VEGAS’S ECONOMY Read More »
This is the second part of a previous blog from a couple of years ago explaining the fundamentals of short selling. With this we are going deeper into tools available for technical analysis required for good short selling. How Does a Short Sale Work? A short sale of securities takes place when the investor sells
THE ART OF THE SHORT SALE PART II Read More »
In the year 400 BC, the city state of Athens levied taxes on grains and other products brought to them from other regions through the port of Piraeus. This constituted the first known usage of tariffs to raise revenues for a government. The Athenians went a step further and blocked all other entry points, requiring
THE MAIN FUNCTION OF TARIFFS Read More »
Saudi Arabia is often looked at as a vast desert that contains a major religious center and a huge amount of oil. Formerly sold to industrialized countries in crude form, the country has gradually taken over the entire industry by replacing most workers with Saudi nationals. Nowadays the products sold are not only crude oil,
IS SAUDI ARABIA TURNING GREEN? Read More »
Global warming is a fact of life today, and it brings with it another nemesis—rising sea levels. This condition is exasperated by the huge amounts of carbon dioxide released into the atmosphere from the burning of fossil fuels for energy. Efforts are being made in many countries throughout the world to reduce the consumption of
THE DANGER FROM RISING SEA LEVELS Read More »
An economic boom usually occurs wherever oil is discovered. State and local governments in particular come out on top, and the growth in the area generates much in the way of income for local businessmen and real estate developers. But in the case of the Prudhoe Bay oil fields in north Alaska, the impact to
THE OVERALL IMPACT OF THE TRANS-ALASKA PIPELINE Read More »
During the time the U.S. grew economically after the Civil War ended, a class of ultra rich entrepreneurs rose to the top of many of America’s industries. Those that were the most successful had the backing of crafty financiers to provide large sums of capital when needed and to solve financial problems that blocked or
JOHN PIERPONT MORGAN—AMERICA’S GREATEST FINANCIER Read More »