nibelung

Chevy Volt: Can It Survive GM?

20,000 units a year? 40 miles on a charge and $40K each.
This is GM's salvation?
Put a fork in it, it's done

In the Midst of an Extreme Black Swan (Part II)

"The revival of consumers saving their money for retirement - rather than expecting their homes to provide the cushion - added with ‘move down’ buyers will depress real-estate prices.”

I dread that the saved money will evaporate as we inflate our way out of this catastrophe. Should have spent it on wine, women and song.

Ranking Homebuilders by Discount to Book Value

I would have liked to see PHM in the chart

Goldman's $200 Oil Call and the Hurricane Premium Theory

Hurricane season is Jun 1st - Nov 30, peak is Sept 10, heaviest months Aug-Oct.
A rare hurricane hit Brasil last year (or the year before), also hit have been Spain and Morocco. More energy in the system suggests more and stronger hurricanes.
Some will just affect GOM platforms, shut down, evacuations, temporary supply interruptionsHu; others may destroy platforms and cause longer term grief.