Page 3 - John Dizard News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Yves here. We picked up on the observation of the Financial Times’ John Dizard many years ago: that the shale industry would continue to engage in fundamentally unprofitable drilling as long as operators could borrow money, and that would continue for quite a while. The day of reckoning has finally arrived. By Justin Mikulka, a freelance investigative journalist with a degree in Civil and Environmental Engineering from Cornell University. Originally published at DeSmog Blog “Drill, baby, drill is gone forever.” That was the recent assessment of Saudi Prince Abdulaziz bin Salman of the A...

The transition from LIBOR represents a potential change in the interest rate on a bond. Background On April 6, 2021, New York Governor Cuomo signed into law legislation...

If you read nothing else, read this...

Boom, then Bust? February 20, 2021, 8:22 AM·36 min read Well, the S&P may not have done much this week, but there were clear signs and signals that the conditions fueling the current bubble(s) are going to continue — and that the bubble(s) themselves are still bubbling away. Elon Musk, in some ways the man of the bubble (I do hope that comment doesn’t disqualify me from some space tourism), got to the point. Billionaire Elon Musk defended Tesla Inc.’s $1.5 billion Bitcoin investment on Twitter, calling the cryptocurrency a “less dumb” version of cash. “When fiat currency has nega...

Encouraging news on vaccine candidates from Novavax and Johnson & Johnson