Business

Over the weekend, when citing from an excerpt of the latest Wall Street Week episode, we revealed what to Kyle Bass was the "best investment for the next 3-5 years": the energy space. Bass added he was agnostic as to what subsector of energy one should invest in: whether it is infrastructure, pipelines, producers, upstream, downstream, he believes that there are places in the cap structure of each of these where once can put new capital and generate substantial returns.

Submitted by Thad Beversdorf via FirstRebuttal.com,

Let me say it has been a couple months since I’ve felt compelled to post which may account for the length of this latest piece but I hope and believe most will find it worth the full read.  A coffee and 10 minutes (ok maybe 15…) are a perfect compliment to this piece.

Santa Rally...?

An ugly day... just as we predicted

The bloodbath started in China, which was halted early on circuit breakers...

Europe was ugly...

As we kick off the new year, there is perhaps no more tragic economic story than that of Brazil.

Once an EM darling, Latin America’s largest economy fell off the deep end in 2015 as a perfect storm of falling commodity prices, depressed demand from China, a soaring dollar, a devalued yuan, and an intractable political crisis plunged the country into what even the sellside has begun to acknowledge is an outright depression.

Just two weeks ago we warned of the looming "hyperinflation monster" in Africa with the continent appearing to be running out of dollars as some of Africa’s largest economies, including Nigeria, Angola, Ethiopia and Mozambique, are restricting access to the greenback to protect dwindling reserves. Specifically we warned of Angola's already-soaring inflation hampering its ability to 'adjust' its currency towards its black market 'reality'.