The bigger picture of easy money around the world
Chris Temple and Cory Fleck discuss the bigger picture of easy money around the world and the continued pressure on oil. We then touch on the long term interest rate environment in the US.
Click download link to listen on this device: Download Show
Rio Tinto releases solid fourth quarter production results
What is Davos?
Tue, Jan 19, 2016
“Two years after its founding, the meeting expanded to focus on political and social issues. The broader approach was prompted by the 1973 Arab-Israeli war and the collapse of the Bretton-Woods system of monetary management. Political leaders were first invited to Davos in January 1974.
Davos goes global
In 1975, attendance at the European Management Symposium increased to 860 people. CEOs and chairmen from Royal Dutch Shell, Unilever, and Philips were among the attendees.
Davos in 2016
This year, more than 2,500 leaders from business, government, international organizations, academia and media will participate in the 46th Annual Meeting of the World Economic Forum from January 20-23. The theme of the meeting is “Mastering the Fourth Industrial Revolution” and there will be more than 250 sessions.”
Something tells me that more nonsense will be heading our way after Davos 2016:
______________________________________________________________________
Davos 2016: Eight Key Themes For The World Economic Forum
Tuesday January 19, 2016
The rise of the robots
Terrorism and the migration crisis
Market turmoil
Climate change
Europe
Inequality
Medicine
Cybercrime and civil liberties
http://www.kitco.com/news/2016-01-19/Davos-2016-Eight-Key-Themes-For-The-World-Economic-Forum.html
Oil’s Nightmare Scenario Dominates Davos
01/20/2016 By Javier Blas, Grant Smith
http://finance.yahoo.com/news/oils-nightmare-scenario-dominates-davos-114532016.html
It seems that China has 13 million empty new homes – 10 billion square feet.
Make me realise where lots of that demand for steel and copper went in the past 10 years – hard to see demand for it coming back any time soon.
PotashCorp mothballs Picadilly mine, leaves more than 420 jobless
Cecilia Jamasmie | January 19, 2016
http://www.mining.com/potashcorp-mothballs-picadilly-mine-leaves-more-than-420-jobless/